Rupee closes 3 paise lower at 85.57 amid weak equities

Posted

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

Please log in to like, share and comment!

Entertainment

When Shweta revealed what she 'hates' about Ash

Shweta Bachchan Nanda offered a rare glimpse into the Bachchan family dynamics on 'Koffee With...

By 0 85

Entertainment

Final Destination misses Rs 10 crore mark on Day 2

Final Destination: Bloodlines had a promising start at the Indian box office. The horror thriller...

By 0 85

National

Rethinking Waste: Building Green Justice in Nepal

In today’s era of climate crisis and ecological degradation, the exploitative...

By 0 87

National

Cloudy weather, rain, and gusty winds likely today

KATHMANDU: The current weather patterns in Nepal are being influenced by westerly and local...

By 0 92

International

'When you run away you are a coward': South Africa President Ramaphosa slams Afrikaners as Trump grants them US refuge - video

South African President Cyril Ramaphosa has strongly criticized white Afrikaners seeking refuge...

By 0 95