नवीनतम
Rupee rises 8 paise to 84.78 against USD
MUMBAI [Maha Media]:The rupee recovered from its all-time low and appreciated 8 paise to 84.78 against the US dollar in morning trade on Tuesday, supported by fresh foreign fund inflows and a positive trend in domestic equities.
The government on Monday appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India.
Forex traders said Shaktikanta Das's departure introduced uncertainty, as his tenure was marked by policies that safeguarded the rupee against drastic declines. "Adding to this volatility, Sanjay Malhotra's stance prioritising economic stability over revenue concerns stirred mixed reactions," CR Forex Advisors MD Amit Pabari said.
