Replying in Rajya Sabha to a question related to the depreciation of the rupee against the dollar, Union Minister of State for Finance Pankaj Choudhary has said that this year against the dollar due to the Russia-Ukraine war, rise in crude oil prices, and deteriorating economic conditions in the world. Rupee weakened.
The Union Minister of State for Finance has said in his reply that the exchange rate of the Indian Rupee is decided based on the market. The rupee has depreciated against the dollar in recent years due to several global reasons. These include the trade war between the US and China in the year 2018, raising interest rates by the US Federal Reserve in 2018 itself, and the Covid epidemic in the year 2020.
Let us tell you that on Tuesday (July 26) also there was a weakness in the rupee against the dollar. The rupee weakened by five paise to close at 79.77 against the dollar. Let us inform you that on Tuesday, the rupee opened at 79.79 level. In early trade, it was seen slipping to 79.79 level.
According to market experts, due to the rise in crude oil prices and fears of tightening of US Fed's stance, the rupee is seeing a fall in the value of the rupee.
2 Kashmiri students studying in Iran were injured in Israeli attack, India is making a foolproof plan for rescue; evacuation will be done through these routes
The ongoing tension between Iran and Israel (Israel-Iran Tension) has once again made global headlines. Now common people have also come under the grip of this conflict. It is also affecting the
Wrestlers Protest: After the clash at Jantar Mantar, Congress supported the daughters, saying - no need to fear
Delhi Police clashed late on Wednesday night with wrestlers sitting on a dharna over the arrest of Wrestling Federation of India president Brij Bhushan Sharan Singh. It is being told that police
Landslide devastation in Wayanad: PM Modi himself is monitoring the rescue operations, Rahul-Nadda asked workers to help
A terrible landslide following heavy rains has wreaked havoc in Wayanad district of Kerala. Landslides occurred in different hilly areas near Meppadi on Tuesday morning. Hundreds of houses, vehicles,
Forced marriage with Sikh woman after kidnapping in Pakistan, Jaishankar takes cognizance
External Affairs Minister S Jaishankar said that the Indian government has taken up the incident of alleged abduction and forced conversion of a female Sikh teacher in Pakistan's Khyber Pakhtunkhwa
RSS: Will RSS be able to achieve this impossible goal? Sangh's big plan regarding UP-Bihar
Keeping in mind the next Lok Sabha elections, the opposition has also started throwing its dice. While Congress leader Rahul Gandhi is trying to increase his acceptability through Bharat Jodo Yatra,
Pakistan: Disappointment and dissatisfaction in Pakistan due to the strict stance of IMF, has the country become bankrupt?
Now there are signs of tension between Pakistan and the International Monetary Fund (IMF). The IMF is adamant that it will not start releasing tranches of the nearly $6.5 billion loan sanctioned until
Nothing Phone 2 is coming, company released poster, will be equipped with flagship processor
Smartphone brand Nothing has confirmed the launch of its new phone Nothing Phone 2. The company has also given information about the release timeline of the phone. Nothing Phone 2 will be introduced
Pakistan Flood: Manchar, the largest lake in Pakistan, is in spate, many villagers trapped
The situation is already bad due to the floods in Pakistan. At the same time, Pakistan's largest lake Manchar has also overflowed, and the villagers of Sindh are also stranded due to the floods.
Russian men between the ages of 18 and 65 can be banned from leaving the country, martial law may be imposed
Whether the announcement of Vladimir Putin's economic mobilization will affect Ukraine and Western countries is a matter of the future, but it is beginning to be seen in Russia. The Russian people are
US: Will India-America come together to compete with China in space? White House said – cannot give much information
Prime Minister Narendra Modi will be on a US tour from June 21. This tour is being given a lot of importance in terms of relations between the two countries. Now the White House has told which issues
