Connect with us

Business

Rupee extends losses, low at 70.46 per dollar

Published

5 years ago

on

Mumbai: After opening at 70.06 a USD, the rupee weakened to 70.60 at day’s low. In recent trade, the rupee was trading at 70.50 a dollar. The rupee fell to 70.60 against the US dollar at day’s low, as compared to its previous close of 69.60 a dollar – its biggest one-day fall since December 2018.

The Indian rupee suffered sharp losses against the US dollar today amid turmoil in both global equity and currency markets. China today let its currency yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade. This has resulted to sharp fell of tracking a selloff in other Asian market.

On 2nd August the Indian rupee dived 54 paisa to close at an over six-week low of 69.60 against the US dollar. Crude oil prices and a fresh flare up in US-China trade tensions weighed on emerging market currencies. As Donald Trump imposes 10% additional tax on the China import, it tumbled down the Beijing stock market after Thursday.

It was weakest level since June 19 when it had settled at 69.68 against the American currency. On a weekly basis, the rupee has declined 71 paisa. The Sensex fell over 600 points today. Foreign portfolio investors pulled out a net 2,632.58 crore from equities and ₹248.52 crore from the debt segment in the first two trading sessions of this month.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending