MOREOVER, EXPECTATIONS OF dollar strengthening further have also prompted Indian firms to opt for cross-currency pairs other than USD-INR. The dollar strengthened 0.16% to 0.894 against the Swiss franc, hovering near its highest level since July. Against the yen, the dollar strengthened 0.31% to 154.12, after rising as high as 154.48 for the first time since November 26.
This story is from the December 18, 2024 edition of Financial Express Lucknow.
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This story is from the December 18, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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