Tuesday, 12 December 2023 The rupee reached a new low against the dollar while the sensex hit new all-time highs. This anomaly occurred as the rupee breached 83.39 for the first time on the day the sensex closed at a new high. The surge in domestic investors and the decoupling of the rupee-dollar from other currency pairs have contributed to this phenomenon. Indian corporates’ robust earnings and inclusion in emerging market bond indices by JP Morgan have also played a role. RBI has used its reserves to support the currency and protect the economy from a higher import bill.
Opel sets standards on the way to becoming an all-electric brand and shows how the future of the estate segment looks – exciting, efficient and above all electric, without comprising estate-car talents. The Astra Sports Tourer is now fully electric for the first time in its long success story and...
Hyundai launched the improved 2024 Elantra compact sedan for the North American market. Hyundai has a strong history of regularly updating its Elantra lineup and exceeding customer expectations. The..
A new model for a new market segment: With the new LBX, Lexus has developed a vehicle specifically for the needs and current trends of customers in Europe for the first time. The new compact SUV..
A new model for a new market segment: With the new LBX, Lexus has developed a vehicle specifically for the needs and current trends of customers in Europe for the first time. The new compact SUV..
Tuesday, 12 December 2023
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