Page 43 - Us Dollar

Gold bounces on dollar retreat as focus turns to Ukraine crisis

The dollar and Treasury yields eased a day after the Federal Reserve raised interest rates by a quarter percentage point, with investors having priced in an even stronger rate hike

RBI remains net seller of US dollars in January; sells $771 million

The Reserve Bank of India (RBI) remained a net seller of the US currency in January 2022, selling $771 million in the spot market.

Rupee jumps 41 paise to close at 75.80 against US dollar

The rupee spurted by 41 paise to close at 75.80 (provisional) against the US dollar on Thursday, supported by positive domestic equities and broad dollar weakness.

Dollar falls as hawkish Fed Reserve delivers without an extra kick

The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum

Rupee spurts by 41 paise to close at nearly two-week high of 76.20

The rupee spurted by 41 paise to close at a nearly two-week high against the US dollar on Wednesday, tracking positive domestic equities and Asian currencies ahead of the US Federal Reserve's decision on interest rate hike. FII inflows into capital markets and crude oil prices retreating to USD 99 per barrel level boosted the rupee sentiment, forex traders said. At the interbank forex market, the local unit opened strong at 76.40 against the greenback and witnessed an intra-day high of 76.19 and a low of 76.44. The rupee settled at 76.21, registering a rise of 41 paise over its previous close of 76.62. "Rupee appreciated against US dollar taking cues from stronger Asian currencies and risk-on moods. Forex markets are little tepid ahead of Wednesday's Fed decision while US 10-year bond yields retraced after touching 2.20 per cent, the highest level since 2019," said Dilip Parmar, Research Analyst, HDFC Securities. The US Federal Reserve likely to raise rates by 25bps, as well as ..

Dollar near 5-year peak to yen before Fed; Aussie weak amid China risks

The dollar traded near a five-year high against the yen on Wednesday as investors awaited a Federal Reserve policy decision, with the Ukraine war and China's surging Covid-19 cases as the backdrop

Oil falls and EU stocks rise on Ukraine peace hopes, US Treasury yields up

Oil prices fell and European stocks rose on Monday as investors weighed positive comments from ceasefire talks between Russia-Ukraine, while US Treasury yields hit two-and-a-half year highs

Yen slides to five-year low as rest of the world sets off for hikes

The dollar hit a five-year high against the yen on Monday, as traders braced for the U.S. Federal Reserve to begin hiking rates, while reckoning the Bank of Japan remains dovish

Australia, New Zealand dollars recoil with commodities as Fed hike looms

The Australian and New Zealand dollars slipped on Monday as hints of progress in Russian-Ukraine talks saw global commodity prices come off the boil, while US dollar looks forward to rate hikes

Rupee advances 16 paise to 76.27 against US dollar in early trade

The rupee advanced 16 paise to 76.27 against the US dollar in the opening trade on Friday, supported by positive domestic equities and a pullback in crude oil prices.

US dollar hits 5-year high on Yen, Euro pressured by growth risks

The dollar hit a new five-year high on the yen on Friday after a strong U.S. inflation report, while the euro struggled to hold its own as a hawkish turn from the European Central Bank was offset by g

Euro eases after ECB meeting, while dollar firms following inflation data

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter

Rupee gains 20 paise to close at 76.42 against US dollar

At the interbank forex market, the local unit opened at 76.27 against the greenback and witnessed an intra-day high of 76.07 and a low of 76.46

Euro edges up 0.5% against the dollar ahead of ECB meeting

Other European currencies such as Poland's zloty and Hungary's forint rebounded from record lows against the euro, both supported also by their central banks' sharp interest rate hikes on Tuesday.

Rupee advances 22 paise to 76.78 against US dollar in early trade

The rupee advanced 22 paise to 76.78 against the US dollar in the opening trade on Wednesday, supported by the weakness in the American dollar and recovery in domestic equity markets.

Dollar loses steam, euro steadies as oil backs off in volatile day

By David Henry and Saikat Chatterjee

Inflationary fears: Rupee hits record low at over 77 against Dollar

High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar

Russia-Ukraine war sends euro below $1.10 for first time in 2 years

The euro fell on Friday below $1.10 for the first time in almost two years and hit a fresh seven-year low versus the Swiss franc as the war in Ukraine lowered expectations of European economic growth

Rupee down 22 paise, crosses 76-mark to the dollar amid Ukraine crisis

At the interbank foreign exchange market, the rupee opened weak at 76.06 against the American dollar and fell further during the session as investors moved away from riskier assets

Rupee down 44 paise, closes at 75.77 against USD amid geopolitical tensions

At the interbank foreign exchange market, the rupee opened at 75.78 against the American dollar but later dropped to a low of 75.86