Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

Rupee at new low against $

The rupee fell sharply to hit its lifetime intraday low of 85.80 on Friday, marking its steepest drop in almost two years, before a suspected intervention by the central bank helped recover some of its losses. It settled 23 paise...

PTI

Mumbai, Updated At : 08:43 AM Dec 28, 2024 IST

Photo for representational purpose only. File photo

The rupee fell sharply to hit its lifetime intraday low of 85.80 on Friday, marking its steepest drop in almost two years, before a suspected intervention by the central bank helped recover some of its losses.

It settled 23 paise lower at a record low of 85.50 (provisional) against the US dollar due to an increased month-end demand from banks. The domestic unit has been hitting new lows in the past couple of weeks.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by :