Currency watch: Rupee ends 18 paise lower at 86.70 against dollar;...

Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment

Postado

The rupee weakened to 86.70 against the US dollar due to month-end dollar demand and caution before trade and monetary policy decisions. A stronger dollar, influenced by the EU-US trade pact, and uncertainty over India's trade talks with the US also contributed. Weak domestic industrial output and declining forex reserves further pressured the rupee.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Entertainment

Fantastic Four to close Week 1 with Rs 25 crore haul

Despite a promising start, 'The Fantastic Four: First Steps,' starring Pedro Pascal and Vanessa...

Por 0 1

Entertainment

‘Mahavatar Narsimha’ BO Day 5: The film surpasses Rs 29 crores

Ashwin Kumar's animated film, Mahavatar Narsimha, is making waves at the box office, earning Rs...

Por 0 1

Business

US tariffs take effect Friday: 5 key imports face steep hikes; economic fallout looms

President Trump's proposed tariffs on key imports like coffee, apparel, jasmine rice, cocoa,...

Por 0 7

National

Flooding cuts off road to Rasuwagadhi

KATHMANDU: Continuous rainfall since last night has triggered flooding in Rasuwa district,...

Por 0 17

Sports

'Are we still stuck in the colonial era?' - Pathan on Gambhir vs The Oval pitch curator saga

Tensions flared ahead of the final Test between India and England as a heated argument erupted...

Por 0 16