February 17, 2026 10:15 pm (IST)

Make this your homepage

All Finance

Actor Rajpal Yadav granted interim bail in ₹9-crore cheque bounce case | Learn AI or become redundant: Microsoft India President issues stark message | India’s wholesale inflation rises to 1.81% in January as manufacturing prices surge | 'India at forefront of AI revolution': PM Modi welcomes world leaders to Delhi summit | Rs 5,000 to women ahead of Tamil Nadu polls! Vijay slams Stalin, says: ‘take the money, blow the whistle’ | Modi congratulates Tarique Rahman as BNP clinches majority in Bangladesh polls | Bangladesh Polls: Tarique Rahman-led BNP secures 'absolute majority' with 151 seats in historic comeback | BJP MP files notice to cancel Rahul Gandhi's Lok Sabha membership, seeks life-long ban | Arrested in the morning, out by evening: Tycoon’s son walks free in Lamborghini crash case | ‘Why should you denigrate a section of society?’: Supreme Court pulls up ‘Ghooskhor Pandat’ makers

Rupee slips past 62.50 per dollar, hits 10-month low

India Blooms News Service | | Dec 14, 2014, at 03:04 am

#Rupee slips past 62.50 per dollar # hits 10-month low

New Delhi, Dec 12 (IBNS): The rupee slumped past 62.50 per dollar on Friday, the weakest since February 6, media reports said.

At its day low, the rupee slipped 18 paise against Thursday’s close of 61.33 per dollar.

Sources said the rupee can now slip to 62.85 per dollar.

Traders will be eying if the Reserve Bank intervenes in the currency market to support the rupee via state-owned banks.

According to reports, the reasons for the fall in the rupee are such as broad dollar strength as it was firmer against most of its major peers after upbeat US retail sales data, selloff by foreign investors and resuming of oil prices from their downward slide on Friday.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm