Page 35 - Us Dollar

Dollar higher as risky assets tumble; yen rebounds from 1998 lows

Dollar has reached a four-week high as compared to other currencies amid inflation concerns. Moreover, government selloffs were extended and stocks took a beating globally.

Dollar at two-decade high against six major peers, yen tumbles to 1998 lows

A sell-off across markets saw European stocks fall for a fifth straight session, while Bitcoin tumbled 9% to 18-month lows around $24,000

Gold retreats from one-month high over spike in US treasury yields

Market reports suggest that gold has moved inversely to the US Dollar while Treasury yield have risen to a its peak since May 9th

Yen falls to lowest level since 1998 vs dollar as US yields march higher

The yen tumbled to its lowest against the dollar in 24 years on Monday, as the gap between Japanese and US benchmark yields widened after red hot US inflation data drove US Treasury yields higher

Rupee breaches 78 per dollar mark for the first time on global cues

The rupee started depreciating rapidly since Russia invaded Ukraine in late February

Rupee falls to all-time low of 78.29 against US dollar in early trade

The rupee slipped 36 paise to its all-time low of 78.29 against the US dollar in early trade, tracking the strength of the American currency overseas as investors flocked to the safe-haven currency

Iran currency drops to all-time low of 332,000 per dollar amid US sanctions

Traders in Tehran exchanged the rial at 332,000 to the U.S. dollar, up from 327,500 on Saturday

Dollar edges up 0.16% but cautious as finance ministers G7 meet

The dollar index - which measures the currency against six peers including the yen - ticked up 0.16% to 100.50, following its retreat in the previous session from a more than two-year peak of 101.03

Current account deficit likely to hit three-year high at $43.8 bn in FY22

The country's current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as against a surplus of 0.9 per cent or USD 23.91 billion in FY21, a report said

Rupee at new low of 77.8/dollar as investors pull out from emerging markets

The rupee depreciated over 2.5 per cent in the current fiscal year

Rupee rebounds from record low, rises 10 paise to Rs 77.68 against dollar

Recovering from its lifetime low, the rupee advanced 10 paise to settle at 77.68 against the US dollar on Wednesday after the RBI raised the interest rate by 50 basis points to tame inflation. However, elevated oil prices and persistent foreign capital outflows capped the gains, forex dealers said. At the interbank forex market, the local unit opened strong at 77.70 against the greenback and witnessed an intra-day high of 77.64 and a low of 77.79. It finally settled at 77.68, up 10 paise over its previous close. The rupee had slumped to its lifetime low of 77.78 on Tuesday. The Reserve Bank of India (RBI) on Wednesday raised the key interest rate by 50 basis points, the second increase in five weeks, to rein in the rise in prices that it saw continuing to hurt consumers in the near term. The rate hike comes on the back of a 40 bps increase effected by the RBI at an unscheduled meeting on May 4. On the domestic equity market front, the BSE Sensex ended 214.85 points or 0.39 per ce

India's exports increase 24.18% to $9.4 billion during first week of June

The country's exports increased 24.18% to $9.39 billion during June 1-7 on account of healthy growth in sectors like engineering, gems and jewellery and petroleum products, an official said.

Dollar hits two-decade high against yen, pound near three-week low

The yen is sensitive to interest rate differentials between Japanese debt and US bonds.

Rupee depreciates 5 paise to 77.71 against US dollar in early trade

The rupee slipped 5 paise to 77.71 against the US dollar in opening trade, as heavy selling pressure in domestic equities and a strong greenback in the overseas market weighed on investor sentiments

Dollar extends 20-yr high vs yen amid inflation jitters; Aussie slips

The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen

Euro edges higher as risk appetite picks up, focus on ECB policy meeting

Markets, which have already priced in several ECB rate increases and the end of bond-buying stimulus, want more clarity on what comes after.

Rupee advances 13 paise to 77.47 against US dollar in early trade

The rupee appreciated 13 paise to 77.47 against the US dollar in opening trade on Friday, supported by a fall in the dollar index and positive domestic equities

Dollar wobbles as traders await update on US jobs data, cues on Fed hike

Markets have locked in consecutive 50-basis-point Fed hikes in June and July but the dollar has been pushed around this week by uncertainty about what happens after that

Microsoft lowers revenue, profit forecasts in fourth qtr on forex impact

The company expects revenue for the quarter to be between $51.94 billion and $52.74 billion, down from its prior range of $52.40 billion to $53.20 billion

Dollar retreats as investors reach for riskier, higher-yielding currencies

NEW YORK (Reuters) - The U.S. dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.