Indian Currency

Rupee Falls Most In Over A Year Amid Election Outcome

Rupee Falls Most In Over A Year Amid Election Outcome

The Indian rupee fell on Tuesday, 4 June 2024, after vote counting showed that the Bharatiya Janata Party-led alliance would win a narrower majority than expected. It depreciated 26 paise and came down to 83.40 against the dollar. The Indian currency settled at 83.14 against the dollar on Monday, 3 June 2024. This depreciation greatly…

Rupees Hits Record Low Of 79.36 Against US Dollar

Rupees Hits Record Low Of 79.36 Against US Dollar

Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows.  At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…