Rupee closes 3 paise lower at 85.57 amid weak equities | Dununu.com...

Dununu.com Dununu

Sponsorluk

Rupee closes 3 paise lower at 85.57 amid weak equities

RSS Feed Business

Posted

145

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!

Dheeraj Kumar in critical condition, on ventilator support

Veteran producer, director, and actor Dheeraj Kumar, a respected figure in Indian cinema and...

By 0 17

Over 20 states sue Trump administration over education funds freeze; after-school programs in jeopardy, GOP districts among worst hit

By 0 27

Madhavan says love during his time had a sense of guilt

Actor R Madhavan recently opened up about how the definition of romantic relationships has...

By 0 32

Shatrughan - Poonam were crying on a train when they first met

Actor Shatrughan Sinha recently opened up about how he met his wife, Poonam Sinha, with whom he...

By 0 32

Lokesh recalls Rajinikanth's reaction after watching Coolie

With exactly one month left for the global release of Lokesh Kanagaraj’s highly-anticipated...

By 0 41