menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

Rupee slip...
source image

HinduBusinessLine

1w

read

867

img
dot

Image Credit: HinduBusinessLine

Rupee slips 7 paise to end at 85.77 against US dollar

  • Rupee weakened by 7 paise to close at 85.77 against US dollar amidst global market concerns over tariffs imposed by Trump on Canadian goods.
  • Traders anticipate further rupee depreciation due to ongoing trade conflicts affecting global sentiment and uncertain trade deals like the US-India agreement.
  • Forex market saw rupee trade within a narrow range, while Brent crude price rose slightly to $68.87 per barrel in futures trade.
  • Indian authorities aim to finalize an interim trade agreement with the US before proceeding with a comprehensive bilateral deal, with negotiations ongoing in sectors like agriculture and automobiles.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app