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US Dollar

Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Fri, Jan 03, 2025

India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday.

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Thu, Jan 02, 2025

Rupee dips 11 paise to 85.75 against the US dollar, pressured by strong greenback, foreign fund outflows, and low holiday-season trading volumes; GST revenue grows seven percent in December.

Rupee falls 5 paise to 85.53 against US dollar in early trade

Rupee falls 5 paise to 85.53 against US dollar in early trade

Mon, Dec 30, 2024

The rupee dropped 5 paise to 85.53 against the US dollar in early trade on Monday, as dollar demand from importers, foreign fund outflows and a muted trend in domestic equities dented investor sentiments.

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Dollar steady before Fed minutes; yen hovers below intervention zone

Dollar steady before Fed minutes; yen hovers below intervention zone

Wed, Jul 05, 2023

US dollar rate index news: The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as traders looked ahead to the release of minutes from the Federal Reserve's latest meeting for clues about the path for monetary policy.

FPI buying hits 10-month high of Rs 47,148 crore in June

FPI buying hits 10-month high of Rs 47,148 crore in June

Tue, Jul 04, 2023

FPI inflows in June at 10-month high FPIs invested ₹47148 crore in June Increased confidence of foreign investors in India

Dollar index hits two-week high as data boosts Fed hike expectations

Dollar index hits two-week high as data boosts Fed hike expectations

Fri, Jun 30, 2023

US dollar rate index news: The U.S. dollar index climbed to a two-week high on Thursday after economic data showed the labor market remained on a solid footing, giving the Federal Reserve a possible cushion to continue raising interest rates.

Dollar strengthens after ECB conference, yen stays soft

Dollar strengthens after ECB conference, yen stays soft

Thu, Jun 29, 2023

US dollar rate index news: The dollar index rose on Wednesday following comments from a host of global central bank leaders, including Federal Reserve Chair Jerome Powell, who did not rule out the possibility of another rate hike by the Fed at its next meeting in July.

Dollar weaker after data burst, euro rises on ECB comments

Dollar weaker after data burst, euro rises on ECB comments

Wed, Jun 28, 2023

US dollar rate: The dollar index retreated on Tuesday after a host of economic data releases indicated the U.S. economy remains resilient and may not be close to a recession, while the euro strengthened after comments from European Central Bank (ECB) President Christine Lagarde.

Dollar edges off 15-month high vs rouble as Russia eyed

Dollar edges off 15-month high vs rouble as Russia eyed

Tue, Jun 27, 2023

US dollar rate index news: The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gained modestly against the greenback following comments from the country's top currency diplomat.

Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes

Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes

Fri, Jun 23, 2023

US dollar rate index news: The U.S. dollar advanced against a basket of currencies on Thursday after Fed Chair Jerome Powell backed more U.S. rate increases albeit at a "careful pace" and as a spate of interest rate hikes by several central banks fuelled concerns over the outlook for global growth.

Rupee rises 5 paise to close at 81.96 against US dollar

Rupee rises 5 paise to close at 81.96 against US dollar

Thu, Jun 22, 2023

The rupee appreciated by 5 paise to close at 81.96 (provisional) against the US dollar on Thursday amid weak American currency against major rivals overseas.

Dollar drifts as traders weigh rate path; yen fragile

Dollar drifts as traders weigh rate path; yen fragile

Mon, Jun 19, 2023

US dollar rate: The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the yen was fragile in the wake of the Bank of Japan sticking to its ultra-easy policy.

US dollar falls, but off four-week lows, as Fed signals more rate hikes

US dollar falls, but off four-week lows, as Fed signals more rate hikes

Thu, Jun 15, 2023

The dollar index was last down 0.3% at 103.01 after hitting a four-week low of 102.66 in the session.

Rupee Vs Dollar (June 9): Rupee rises 5 paise to 82.46 against US dollar

Rupee Vs Dollar (June 9): Rupee rises 5 paise to 82.46 against US dollar

Fri, Jun 09, 2023

Rupee Vs Dollar (June 9): The rupee gained 5 paise to 82.46 against the US dollar in early trade on Friday amid positive trends in equities markets. Forex traders said falling crude price and inflow of foreign fund in domestic equities markets also provided support to the Indian currency.

Dollar index dips after data shows US jobless claims rose more than expected

Dollar index dips after data shows US jobless claims rose more than expected

Fri, Jun 09, 2023

The dollar index, which measures the currency against six major peers, was down 0.67% to 103.33 and got as low as 103.29, the lowest since May 23.

Rupee Vs Dollar: Rupee rises 7 paise to 82.56 against US dollar

Rupee Vs Dollar: Rupee rises 7 paise to 82.56 against US dollar

Tue, Jun 06, 2023

Rupee Vs Dollar: Rupee is trading in a narrow range as market participants are vigilant ahead of the RBI's monetary policy later this week. RBI is expected to leave the repo rate unchanged at 6.5 per cent.

Dollar wallows as June Fed bets ebb, debt ceiling deal close

Dollar wallows as June Fed bets ebb, debt ceiling deal close

Fri, Jun 02, 2023

Philadelphia Fed President Patrick Harker said on Thursday that “it’s time to at least hit the stop button for one meeting and see how it goes,” referring to the June 13-14 meeting.

US Dollar index hits 2-month high on resilient US economy, unease over debt ceiling talks

US Dollar index hits 2-month high on resilient US economy, unease over debt ceiling talks

Thu, May 25, 2023

The dollar index, which tracks the U.S. currency against six major peers, earlier hit 103.91, its highest since March 20. The index last rose 0.319% at 103.86.

Rupee falls 18 paise to close at 82.85 against US dollar

Rupee falls 18 paise to close at 82.85 against US dollar

Mon, May 22, 2023

The rupee fell 18 paise to close at 82.85 (provisional) against the US dollar on Monday, weighed down by a strong greenback in the overseas market. However, a firm trend in domestic equities and sliding crude prices in international markets restricted the rupee's loss, forex traders said.

Dollar on defensive after dovish Powell, debt ceiling setback

Dollar on defensive after dovish Powell, debt ceiling setback

Mon, May 22, 2023

The dollar index, which measures the U.S. currency against six major peers, edged 0.04per cent lower to 103.00, after reaching 103.63 last week for the first time since March 20.

US dollar skids as Fed's Powell hints at June pause, debt ceiling talks stall

US dollar skids as Fed's Powell hints at June pause, debt ceiling talks stall

Sat, May 20, 2023

The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.

Rupee falls 5 paise to close at 82.67 against US dollar

Rupee falls 5 paise to close at 82.67 against US dollar

Fri, May 19, 2023

The rupee fell 5 paise to close at 82.67 (provisional) against the US currency on Friday, weighed down by a strong greenback overseas and surging crude prices in the international market.

US dollar hits seven-week high, bolstered by data, debt ceiling hopes

US dollar hits seven-week high, bolstered by data, debt ceiling hopes

Fri, May 19, 2023

The dollar index, a measure of the greenback's value against six major currencies, touched a new seven-week high of 103.63, and was last up 0.7% at 103.56.

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