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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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Rupee recovers from record lows, jumps 24 paise to end at 83.08 against US dollar

Rupee recovers from record lows, jumps 24 paise to end at 83.08 against US dollar

Wed, Sep 20, 2023

The rupee finally closed at 83.08 against the dollar, registering a gain of 24 paise from its previous close.

Dollar holds steady, yuan rises on better-than-expected China data

Dollar holds steady, yuan rises on better-than-expected China data

Fri, Sep 15, 2023

US dollar rate index news: The dollar was on the front foot in Asia on Friday, retaining overnight gains against peers after strong U.S. economic data and an ECB rate hike, with traders' attention warily turning to a data deluge from China. U.S. retail sales received a boost from higher gasoline prices.

Dollar hovers above 3-month low to euro as ECB decision looms

Dollar hovers above 3-month low to euro as ECB decision looms

Thu, Sep 14, 2023

US dollar rate index news: Australia's dollar popped to a one-week high after strong employment figures, but then quickly retraced most of the advance as the data showed the vast majority of new jobs were part-time. The U.S. dollar index - measuring the currency against a basket of six developed-market peers, including the euro and yen - edged 0.1 per cent lower to 104.63 in the Asian morning.

Yen stands tall, dollar finds floor ahead of US inflation

Yen stands tall, dollar finds floor ahead of US inflation

Tue, Sep 12, 2023

The U.S. dollar reversed some of its close to 0.5 per cent loss against a basket of currencies on Monday. The Aussie was last 0.12 per cent lower at $0.6423 while the New Zealand dollar fell 0.14 per cent to $0.5911, having been among the biggest beneficiaries against a weaker greenback on Monday and gaining 0.8 per cent and 0.6 per cent, respectively.

Dollar on course for its longest weekly winning streak since 2014

Dollar on course for its longest weekly winning streak since 2014

Fri, Sep 08, 2023

US dollar rate index news: The dollar was headed for its longest weekly winning streak in nine years on Friday, bolstered by a resilient run of U.S. economic data that has also put the end of the Federal Reserve's rate-hike cycle into question.

Dollar firm on growth worries, fragile yen draws warning

Dollar firm on growth worries, fragile yen draws warning

Wed, Sep 06, 2023

US dollar rate index news: The dollar perched near a six-month peak on Wednesday as jitters over China and global growth dragged on risk sentiment, while the yen was close to a 10-month low, drawing the strongest warning since mid-August from Japan's top currency diplomat.

Dollar steadies, Aussie slips as RBA looms

Dollar steadies, Aussie slips as RBA looms

Tue, Sep 05, 2023

US dollar rate index news: The dollar was firm on Tuesday and the Aussie under a little pressure as traders watched out for the Reserve Bank of Australia's interest rate decision with bets that rates may have peaked.

Rupee rises 12 paise to 82.52 against US dollar

Rupee rises 12 paise to 82.52 against US dollar

Mon, Aug 28, 2023

Forex traders said the rupee is trading in a range as selling pressure by foreign investors dented sentiments, while easing crude oil prices cushioned the downside.

Dollar loiters at two-month peak ahead of Powell speech

Dollar loiters at two-month peak ahead of Powell speech

Fri, Aug 25, 2023

US dollar rate index news: The U.S. dollar sat at an over two-month peak on Friday, on course for its sixth straight week of gains as markets await a speech from Federal Reserve Chair Jerome Powell to gauge the path of monetary policy.

Rupee Vs Dollar: Rupee rises 19 paise to close at 82.94 against US dollar

Rupee Vs Dollar: Rupee rises 19 paise to close at 82.94 against US dollar

Tue, Aug 22, 2023

Rupee Vs Dollar: The rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar on Tuesday, as the American currency retreated from its elevated levels.

Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

Mon, Aug 21, 2023

The rupee finally settled at 83.12 (provisional) against the US dollar, down 2 paise from its previous close.

Dollar gains intact as China disappoints, traders eye Jackson Hole

Dollar gains intact as China disappoints, traders eye Jackson Hole

Mon, Aug 21, 2023

US dollar rate index news: The dollar gained 0.7 per cent on the euro last week, inched ahead on the yen and surged by more than 1 per cent on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.

Rupee sinks to record closing low of 83.14 vs dollar

Rupee sinks to record closing low of 83.14 vs dollar

Thu, Aug 17, 2023

Rupee Vs Dollar: The Indian rupee fell to its lowest closing level ever against the dollar as rising US Treasury yields and a risk-averse environment weighed on the local currency.

Dollar shines on US economic resilience; Aussie tumbles after employment data

Dollar shines on US economic resilience; Aussie tumbles after employment data

Thu, Aug 17, 2023

US dollar rate index news: The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a strikingly ultra-dovish Bank of Japan struggled to defend its policy stance.

Dollar ticks higher versus yen, China fears drag on yuan

Dollar ticks higher versus yen, China fears drag on yuan

Thu, Aug 17, 2023

US dollar rate index news: The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone that last year triggered intervention, while the yuan slipped to a nine-month low as fears mounted about the extent of China's slowdown.

Dollar hits highest in more than a month on China economy concerns

Dollar hits highest in more than a month on China economy concerns

Tue, Aug 15, 2023

US dollar rate index news: The U.S. dollar hit more than a one-month high on Monday as investors sought a safe haven due to concerns about China's economy, and traders braced for possible Japanese government intervention after the yen hit its lowest level since November.

US dollar recovers from inflation-related losses; yen slumps

US dollar recovers from inflation-related losses; yen slumps

Fri, Aug 11, 2023

US dollar rate index news: The dollar reversed losses on Thursday, led by gains against the yen, as investors digested U.S. inflation numbers that showed a moderate increase last month, but are still way above the Federal Reserve's 2 per cent inflation target.

US dollar inches lower ahead of inflation report

US dollar inches lower ahead of inflation report

Thu, Aug 10, 2023

US dollar rate index news: The U.S. dollar drifted lower on Wednesday in thin rangebound trading, with investors looking ahead to Thursday's U.S. consumer prices report for indications on where the Federal Reserve's monetary policy is headed.

US dollar gains as Fed comments on more rate hikes lend support

US dollar gains as Fed comments on more rate hikes lend support

Tue, Aug 08, 2023

US dollar rate index news: The dollar rose against major currencies on Monday, broadly supported by Federal Reserve officials saying additional interest rate hikes are likely given that inflation remains persistently high and the labor market is still tight.

Corrosion leads to losses worth USD 110 billion in India annually: ISSDA

Corrosion leads to losses worth USD 110 billion in India annually: ISSDA

Fri, Aug 04, 2023

As India moves towards a USD 5 trillion economy goal, dealing with a challenge like corrosion in projects should be a key focus area, Rajamani Krishnamurti, president of Indian Stainless Steel Development Association (ISSDA) said.

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