Indian Rupee Records Low Due to US Dollar Heavy Demand
The Indian Rupee hit a fresh low on Thursday, pressured by the US’s heavy dollar demand, which reflects mounting import concerns over the negative impact of US tariffs on India’s domestic growth. The rupee fell to a record low of 88.4425 per dollar last Friday, down from 88.10 in the previous session, breaching its previous…
Vipin
Rupee Opens 11 Paise Higher at 81.93 on Weak Dollar Post
The Indian rupee kicked off the trading day positively, strengthening by 11 paise against the US dollar. This upward trend in the local currency occurred despite the relatively hawkish stance expressed by Federal Reserve Chair, Jerome Powell during his testimony to US lawmakers. The rupee commenced trading at 81.93 against the dollar, surpassing the previous…
Yash Sharma
Gold-Silver Prices Remain Steady After U.S. Inflation
The U.S. dollar is performing a little low and weak compared to other times, impacting the gold-silver price in the global and domestic markets. On the Multi Commodity Exchange (MCX), gold futures began marketing at Rs. 55917.00 per 10 grams, seen as almost 0.55% rise, whereas silver futures started trading at Rs. 65090.00 per Kilogram,…
John David