April 26, 2024 13:15 (IST)
Indian rupee at 4-month low against dollar
Mumbai, Aug 6 (IBNS): Indian rupee hit its four-and-half-month low of 61.41 against dollar on Wednesday.
This is the lowest since March 14 with the stock market weakness (the Sensex was down 33 points and Nifty also slumped 0.21 pc) affecting the rupee.
Earlier the rupee had hit a three month low on Aug 1 owing to a global sell-off as foreign investors sold Indian shares.
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.
Latest Headlines
Stock market opens in green with Nifty near 22,600 Fri, Apr 26 2024
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr Thu, Apr 25 2024
Swiggy gets shareholders' nod for $ 1.2 billion IPO Thu, Apr 25 2024
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr Thu, Apr 25 2024
Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI Thu, Apr 25 2024
Mahindra Tractors crosses milestone by selling 40 lakh tractor units Thu, Apr 25 2024