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Tuesday, December 31, 2024 | 06:29 PM ISTEN Hindi

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Rupee ends at fresh all time low, gives up around 3% in 2024

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The Indian rupee added to its losing spree and fell 12 paise on the day to an all-time closing low of 85.65 against the US dollar on Tuesday amid a weary undertone in local stocks. Rupee has been hurt heavily in recent months amid hefty foreign fund outflows, a firm US dollar and slowdown in economic growth. The rupee has depreciated for seven straight years now.

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First Published: Dec 31 2024 | 5:57 PM IST

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