Articles for tag: August, Dips, Forces, Historic, Market, Rupee, Unstable

Market News

Rupee Dips to Historic Low Amidst Unstable Market Forces in August

Rupee Dips to Historic Low Amidst Unstable Market Forces in August

In August 2024, the Indian rupee faced challenges, becoming the second-worst performing currency in Asia after the Bangladesh Taka, due to high demand for the US dollar and a drop in investment in Indian equities. The rupee depreciated by 0.2 percent, trading at Rs 83.87 per dollar, nearing its all-time low. Despite this decline, the ...

Market News

India’s Growth Dips to 15-Month Low Amid Election Spending Constraints

India’s Growth Dips to 15-Month Low Amid Election Spending Constraints

India’s economic growth has slowed to 6.7 percent in the April-June quarter, the lowest in 15 months, according to RBI Governor Shaktikanta Das. He attributed this decline mainly to reduced government spending, linked to the recent Lok Sabha elections and the model code of conduct in place. The Reserve Bank had initially projected a growth ...

Market News

Bitcoin Dips Under $58,000 as Fear of Higher Fed Rates Spooks Investors

Bitcoin Experiences a Dip Below $58,000 Amid Concerns Over Potential Federal Reserve Interest Rate Hikes In a surprising turn of events for cryptocurrency enthusiasts, Bitcoin has slipped below the $58,000 mark, causing a stir among investors. This recent slide comes as Market participants digest reports suggesting a potentially tougher stance on interest rates by the ...

Market News

BlockDAG’s Big Promise: Could Your Investment Grow 30,000X? Ethereum Classic Fans Flock for Moon-Shot Tips as Chainlink Dips 25%

In a buzzing turn of events that’s capturing the attention of the crypto community, BlockDAG has become the talk of the town with its staggering 30,000X ROI potential. This promising forecast has Ethereum Classic investors perking up, especially following an electrifying keynote that has many considering it to be the next big moon-shot opportunity. Meanwhile, ...

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