Rupee closes 3 paise lower at 85.57 amid weak equities

Posté

The Indian rupee weakened slightly to 85.57 against the US dollar due to negative equity market sentiment, rising crude oil prices, and a widening trade deficit, despite strong foreign capital inflows. India's trade deficit widened to a five-month high in April, with imports surging. However, foreign exchange reserves rose, driven by a jump in gold assets.

Read Full Article

Chargement...

Connectez-vous pour aimer, partager et commenter!

National

Sagarmatha Sambaad: Stakeholders call for boosting clean energy production

KATHMANDU: Speakers at the ongoing Sagarmatha Sambaad have called for greater production and...

Par 0 1

International

Why are scammers still thriving in Southeast Asia?

Asian crime networks are expanding their multibillion-dollar cyber scam industry, constantly...

Par 0 8

International

Arab leaders promise to work on reconstruction of Gaza and again press for a ceasefire

Arab leaders convened in Baghdad to discuss a ceasefire between Israel and Hamas. They pledged...

Par 0 8

International

What does Syria's sanctions relief mean for Lebanon?

Lebanon closely monitors potential US sanctions relief for Syria, anticipating regional impacts....

Par 0 8

Entertainment

Raj's ex-wife drops cryptic note amidst buzz about Samantha

Samantha Ruth Prabhu and filmmaker Raj Nidimoru are making headlines for their rumoured...

Par 0 16