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Rupee Hits Record Low of 84.88 Against Dollar

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

Business

12 Dec 2024 03:22 AM 756 views

Rupee Hits Record Low of 84.88 Against Dollar

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

Business

Bangladesh to Remove Mujibur Rahman's Image from Currency

In a significant political move, Bangladesh is set to remove Sheikh Mujibur Rahman's image from its currency notes, marking a dramatic shift in the country’s national identity. Known as the "Bangabandhu" or "Friend of Bangladesh," Rahman was the iconic founding father of the country. However, recent political developments, including the student-led protests and the rise of new leadership, have led to his image being gradually erased from public life, starting wit

Finance & Economics

06 Dec 2024 10:59 AM 1.36k views

Bangladesh to Remove Mujibur Rahman's Image from Currency

In a significant political move, Bangladesh is set to remove Sheikh Mujibur Rahman's image from its currency notes, marking a dramatic shift in the country’s national identity. Known as the "Bangabandhu" or "Friend of Bangladesh," Rahman was the iconic founding father of the country. However, recent political developments, including the student-led protests and the rise of new leadership, have led to his image being gradually erased from public life, starting wit

Finance & Economics

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

Finance & Economics

06 Dec 2024 10:47 AM 1.12k views

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

Finance & Economics

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

27 Nov 2024 00:58 AM 1.35k views

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

On Monday, the Indian rupee weakened by 3 paise, closing at a record low of 84.11 against the US dollar, following a downward trend that has persisted for several weeks. Earlier in the day, the rupee touched an all-time low of 84.12 before making a slight recovery. The local currency had closed at 84.08 on the previous Friday, but it has been under continuous pressure from foreign institutional investors. In recent weeks, these global funds have offloaded over Rs 1.25 lakh crore fro

Business

04 Nov 2024 06:23 AM 1.12k views

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

On Monday, the Indian rupee weakened by 3 paise, closing at a record low of 84.11 against the US dollar, following a downward trend that has persisted for several weeks. Earlier in the day, the rupee touched an all-time low of 84.12 before making a slight recovery. The local currency had closed at 84.08 on the previous Friday, but it has been under continuous pressure from foreign institutional investors. In recent weeks, these global funds have offloaded over Rs 1.25 lakh crore fro

Business

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#currency-exchange

Rupee Hits Record Low of 84.88 Against Dollar

Rupee Hits Record Low of 84.88 Against Dollar

Bangladesh to Remove Mujibur Rahman's Image from Currency

Bangladesh to Remove Mujibur Rahman's Image from Currency

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's Foreign Exchange Reserves Rise to $658.1 Billion

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

Historic Kelton House declared unsafe after gas explosion in Columbus

Remembering Ratan Tata: A Legacy of Wisdom and Philanthropy

Taylor Swift and Travis Kelce Confirm Wedding Date and Honeymoon Details

AP High Court Clears Pawan Kalyan: No Legal Bar On Ministers Acting In Films

Best Age to Start Potty Training: A Parent’s Guide

Black Academy of Arts and Letters begins Fair Park move amid Dallas renovation project

BJP High Command Rejects Rebel Camp's Plea to Replace BY Vijayendra in Karnataka

Lady Gaga’s Kalimotxo Cocktail Sparks Viral Buzz: The Trend Everyone’s Talking About

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Historic Kelton House declared unsafe after gas explosion in Columbus

Remembering Ratan Tata: A Legacy of Wisdom and Philanthropy

Taylor Swift and Travis Kelce Confirm Wedding Date and Honeymoon Details

AP High Court Clears Pawan Kalyan: No Legal Bar On Ministers Acting In Films

Best Age to Start Potty Training: A Parent’s Guide

Black Academy of Arts and Letters begins Fair Park move amid Dallas renovation project

BJP High Command Rejects Rebel Camp's Plea to Replace BY Vijayendra in Karnataka

Lady Gaga’s Kalimotxo Cocktail Sparks Viral Buzz: The Trend Everyone’s Talking About

Chidambaram Criticises EC For Acting Like Court In Rahul Gandhi Case

Flood watch issued for South Florida as heavy rain threatens urban flooding

#currency-exchange

Rupee Hits Record Low of 84.88 Against Dollar

Rupee Hits Record Low of 84.88 Against Dollar

Bangladesh to Remove Mujibur Rahman's Image from Currency

Bangladesh to Remove Mujibur Rahman's Image from Currency

India's Foreign Exchange Reserves Rise to $658.1 Billion

India's Foreign Exchange Reserves Rise to $658.1 Billion

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

Indian Rupee Hits Record Low of 84.11 Against US Dollar Amid Continued Foreign Selling

Historic Kelton House declared unsafe after gas explosion in Columbus

Remembering Ratan Tata: A Legacy of Wisdom and Philanthropy

Taylor Swift and Travis Kelce Confirm Wedding Date and Honeymoon Details

AP High Court Clears Pawan Kalyan: No Legal Bar On Ministers Acting In Films

Best Age to Start Potty Training: A Parent’s Guide

Black Academy of Arts and Letters begins Fair Park move amid Dallas renovation project

BJP High Command Rejects Rebel Camp's Plea to Replace BY Vijayendra in Karnataka

Lady Gaga’s Kalimotxo Cocktail Sparks Viral Buzz: The Trend Everyone’s Talking About

Chidambaram Criticises EC For Acting Like Court In Rahul Gandhi Case

Flood watch issued for South Florida as heavy rain threatens urban flooding

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