Mumbai: The rupee on Wednesday continued its free fall, plunging to 64.54 against the dollar for the first time ever before recovering some ground to end at 64.11, still down a staggering 86 paise to a fresh closing low. The currency’s slide continued amid steps by the RBI on Tuesday to increase availability of cash in the banking system. Heavy dollar demand from importers, continued capital outflows also weighed on the currency. (PTI)
About Us
The Shillong Times first appeared as a tabloid weekly on 10th August 1945 under the editorship of Late Sudhindra Bhusan Chaudhuri. In 1958 it was converted to a Daily. Owing to financial constraints, within six months it reverted back to a weekly.
Latest news
Lack of interest in TMC camp; party likely to skip ADC polls
By Our Reporter
SHILLONG, Dec 11: The Opposition Trinamool Congress...
Sanbor flags concern over beef ban impact on state’s cattle trade
In a letter to Assam CM, he said...
Popular news
Lack of interest in TMC camp; party likely to skip ADC polls
By Our Reporter
SHILLONG, Dec 11: The Opposition Trinamool Congress...
Sanbor flags concern over beef ban impact on state’s cattle trade
In a letter to Assam CM, he said...
© 2024 The Shillong Times. All Rights Reserved | Crafted with IndoAge