Rupee flat at 84 against US dollar as local equities offset gains

Quick Summary:

Asian currencies were mostly higher, with the offshore Chinese yuan touching a three-week high of 7.1064.

The benchmark Indian equity indices, the BSE Sensex and Nifty 50, were down more than 1 per cent each.

Overseas investors had net sold local stocks worth $11 billion in October.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Rupee-dollar swap Rupee Us elections Donald Trump Harris

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 10:41:02 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 390 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23389067

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Official Website: business-standard.com

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Year Established: 1975

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Coverage Areas: India

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