Business Standard

Thursday, January 09, 2025 | 11:25 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Finance minister holds meeting with officials over rupee fall

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - Finance Minister P. Chidambaram held a meeting with his top civil servants on Thursday about the fall of the rupee, which has plunged to a record low level.

The rupee has fallen to 59.9350 to the dollar, a day after the U.S. Federal Reserve indicated a tapering of its monetary stimulus, and data showed China's factory activity weakened to a nine-month low in June.

(Reporting by Rajesh Kumar Singh and Manoj Kumar, editing by Anurag Kotoky)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 20 2013 | 10:26 AM IST

Explore News