Rupee hits new all-time low of 84.92 against the US dollar
Tuesday, 17 December 2024
The Indian rupee touched a new all-time low of 84.92 against the US dollar in early trade on December 17, impacted by rising foreign fund outflows, a growing trade deficit, and an increase in gold imports. Analysts suggest the rupee will remain under pressure.
The Indian rupee touched a new all-time low of 84.92 against the US dollar in early trade on December 17, impacted by rising foreign fund outflows, a growing trade deficit, and an increase in gold imports. Analysts suggest the rupee will remain under pressure.
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