INR SEES THIN MOVES, US DOLLAR STAYS SUPPORTED

Published on Oct 15, 2024 17:58

Indian Rupee saw thin moves after recent losing spree that made the currency test record low against the US dollar. INR stayed flat around 84.04 per US dollar, almost unchanged on the day. The domestic equity indices ended with minor losses on Tuesday. The Nifty settled below the 25,050 mark after hitting the day�s high of 25,212.05 in early trade. Realty, media and consumer durables shares advanced while metal, auto and pharma shares declined. Meanwhile, the US dollar index holds near 103 mark as Federal Reserve Governor Christopher Waller has called for more caution on interest rate cuts.