Page 16 - Dollar

Rupee pares initial losses, surges 29 paise to close at 75.31 against USD

On Monday, the rupee had slumped by 24 paise to close at an over nine-week low of 75.60

Gold trading at Rs 51,060 per 10 gm today; silver is at Rs 63,000/kg

The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges

Dollar, euro trade sideways after European Central Bank pushback

Currencies broadly traded little changed as the market awaits U.S. consumer price data on Thursday

Dollar set for bruising week after ECB and BOE get more hawkish

The index, which measures the greenback against six major peers was at a three-week low of 95.271, having tumbled 2% this week - its biggest such fall since March 2020.

Dollar takes a break from this week's slide ahead of BoE, ECB meetings

Shares in Twitter and Spotify also fell and Nasdaq 100 futures dropped 2%, dragging on demand for currencies like the Antipodeans, said Westpac analyst Imre Speizer in Christchurch

Gold prices hold near key level on support from weaker dollar

By Asha Sistla

Rupee gains 20 paise to 74.45 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 96.59.

Dollar slides as recent rally takes a pause, may have seen short-term peak

The dollar index slid 0.7% on the day, its highest daily percentage rise in two months. For January, the greenback was up nearly 1%.

Australia, New Zealand dollars on the ropes as RBA enters the ring

The Aussie was huddled at $0.7036, having shed 2.5% last week to the lowest since July 2020 at $0.6967

Dollar races higher as markets brace for larger, faster rate hikes

A day after Fed flagged that it was ready to start lifting rates in March to contain inflation, money markets moved to price in as many as five quarter-point increases by year-end

Rupee falls 41 paise to 75.19 against US dollar in early trade

Forex traders said muted domestic equities, sustained foreign fund outflows and firm crude oil prices also weighed on the local unit

Australia, NZ dollars join bond rout as markets price for multiple hikes

The Aussie was stuck at $0.7094, having shed 0.5% overnight to test the recent two-month trough of $0.7090

Rupee falls by 19 paise to 74.62 against US dollar on high crude prices

The rupee on Monday slumped by 19 paise to 74.62 against the US dollar at close due to high crude oil prices, forex outflows and heavy losses in domestic equities amid growing geo-political worries.

Dollar slides toward worst week in more than a year as longs lose faith

The dollar has dropped 1.53% against the yen over the week, its worst showing since June 2020, and pushed as low as 113.64 for the first time since Dec. 21.

Dollar rides high on rate hike bets ahead of payrolls report

But firming expectations that the Fed could raise rates as soon as March and several times this year is pushing up U.S. yields and the currency.

PE inflows spurt 15% in 2021 to record $40 billion, says report

According to the data collated by Refinitiv, an LSEG business, while the value of inflows rose 15.2 per cent from USD 34.8 billion in 2020 to USD 40.1 billion in 2021

Dollar jumps to five-year high versus yen; rupee slides 30 paise

The dollar index rose 0.009 per cent, with the euro up 0.03 per cent to $1.1297

Dollar ticks up against rivals in trading even as Omicron cases surge

The dollar rose against major rival currencies in holiday-thinned trading, as investors remained cautiously optimistic about economic consequences of a surge in cases of Omicron coronavirus variant.

Sri Lanka to shut three foreign missions as dollar crisis worsens

Sri Lanka's tourism-dependent economy was severely hit by the pandemic and the government in March last year imposed a broad import ban to shore up forex reserves

World shares rise, dollar set for worst week since Sep as Omicron fears ebb

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, and Japan's Nikkei inched 0.1% higher, after the S&P 500 had finished at a record closing high