Rupee at lifetime low as equities slide; tilt bearish
Financial Express Hyderabad|January 07, 2025
THE RUPEE DECLINED 4 paise to settle at a record low of 85.83 against the dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital.
AGENCIES

THE RUPEE DECLINED 4 paise to settle at a record low of 85.83 against the dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital. The rupee is being hurt by a persistent bearish outlook owing to a broadly stronger dollar.

The rupee weakened to 85.84 during intra-day trade, before settling at 85.83.

This story is from the January 07, 2025 edition of Financial Express Hyderabad.

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This story is from the January 07, 2025 edition of Financial Express Hyderabad.

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