Last Updated:February 17, 2025, 10:17 IST The rupee witnessed a rangebound trade and depreciated 5 paise to 86.76 against the US dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. Rupee depreciates against dollar. The rupee witnessed a range-bound trade and depreciated 5 paise…
Curated By: Business Desk Last Updated: October 17, 2023, 11:44 IST Due to the absence of a metric system, all currencies were of equal value. India was under British rule at the time and the rupee held a higher value compared to the dollar because the pound sterling was stronger than the dollar. If we…
New Delhi: The Pakistani rupee (PKR) witnessed a significant drop on Tuesday — the first day of the caretaker government taking over the reins of power in the centre — and closed at a three-month low of 292 PKR against the US dollar. The local currency shed 3 PKR against the greenback in the…