ANI
12 May 2022, 19:18 GMT+10
Mumbai (Maharashtra) [India], May 12 (ANI): The Indian rupee slumped to a new record low of 77.59 against the US dollar on Thursday, tracking losses in other Asian currencies.
At the interbank foreign exchange market, the Indian currency opened at 77.56 against a dollar and slipped to a low of 77.59 in the morning trade against its previous day's close of 77.23.
The Indian currency has slumped tracking losses in other Asian peers.
Foreign institutional investors have pulled money out of the Indian equities markets in recent weeks. This has led to the weakness in the Indian currency and a sharp drop in the equities markets.
Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Thursday.
The key indices were trading in the red for the fifth straight session. (ANI)
Get a daily dose of Iraq Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iraq Sun.
More InformationSAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...
BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...
WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...
WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...
WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...
MOSCOW, Russia: According to preliminary data released by the finance ministry this week, almost three months after Moscow's invasion of ...
Former U.S. President George W. Bush has made an embarrassing mistake in criticizing Russian President Vladimir Putin over his decision ...
Jakarta [Indonesia], May 23 (ANI): With World Cup ticket at stake, Malaysia and Korea made a winning start to their ...
DUBAI, 23rd May, 2022 (WAM) -- A UAE high-level delegation, encompassing UAE ministers, government officials and private sector leaders, is ...
London [UK], May 23 (ANI): Mohamed Salah has won the Premier League's 2021/22 Playmaker of the Season award with 13 ...
Iran's hardline president vowed revenge on Monday over the killing of a senior Revolutionary Guard member gunned down in the ...
Curious Kids is a series for children of all ages. If you have a question you'd like an expert to ...