Page 13 - Dollar

World stocks in a tailspin, dollar soars as hard landing fears grow

LONDON (Reuters) - Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears grew that fast-rising inflation will drive a sharp rise in interest rates that brings the global economy to a standstill.

Dollar hits two-decade high, rattled investors plump for safe haven

LONDON (Reuters) - The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into the safe-haven currency.

Dollar hovers near two-decade high of 103.92 as US inflation moderates

The consumer price index climbed 8.3% on an annual basis in April, easing from 8.5% in March but outstripping the 8.1% estimate of economists

Currency woes: FPIs take deeper cuts in portfolios than domestic players

Domestic buyers are increasing their stakes even as foreign investors have been exiting, noted an April 27 India Equity Strategy Report by Morgan Stanley

US oil dips below $100 pressured by economic worries, strong dollar

Wall Street's main indexes also turned lower in volatile trading on concerns over aggressive monetary tightening and slowing economic growth.

China's currency hits 18-month low against dollar, falls to 6.7134

China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the dollar, the lowest figure since October 30, 2020.

Gold firms as dollar rally pauses; focus on US inflation reading

The dollar was steady after touching a 20-year high on Monday, while benchmark 10-year U.S. Treasury yields were off 3-1/2-year peaks. [USD/] [US/]

Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown

The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike

Ex-Pak FM Ishaq Dar advises govt to renegotiate IMF bailout package

"We have to run the country and not ruin it by taking dictations," said the former Finance Minister, reported Geo News

Dollar index hits 20-year high, sterling tumbles on dovish Bank of England

Stocks tumbled on Thursday as investors fretted the Fed might need to take more drastic action to bring inflation under control

Dollar falls to one-week low as US fed pushes back against 75 bp hike

U.S. central bank is not actively considering a 75 basis point increase, but that additional 50 basis point jumps should be on the table for the next couple of meetings: Jerome Powell

Dollar approaches 20-year highs, US Federal Reserve meeting in focus

The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years

Russia makes last-minute bond payment using dollar reserve to avoid default

At that time, tightened sanctions imposed for Russia's invasion of Ukraine prevented the payment from being accepted, so Moscow attempted to make the debt payment in rubles

Dollar on track for best month since 2015

The dollar hit a 20-year high against the yen on Thursday, as the Japanese currency was hurt by dovish Bank of Japan policy

'Dollar is king' mantra rings across currencies as yen drops to 20-year low

Traders focus on potential half-point Federal Reserve rate hike next week; Bloomberg dollar gauge set for best monthly gain in a decade

Asian shares logged moderate gains after wobbly day on Wall Street

The US Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets

Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy

There had been some market speculation the BOJ might step back a little given inflation was rising and other major central banks were tightening, but it showed no hesitation

Gold falls to four-week low amid rate hike jitters, robust dollar

Spot gold fell 0.7% to $1,916.17 per ounce by 0922 GMT, earlier hitting its lowest since March 29 at $1,911.80

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

Ruble payments ruled against, Russia comes closer to default: Report

Russia paid bondholders in rubles on April 6 after the US blocked Russia from utilising American banks to channel payments on its dollar-denominated bonds.