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Rupee turns flat at 84.42 against US dollar in early trade

Rupee turns flat at 84.42 against US dollar in early trade

Thu, Nov 21, 2024

At the interbank foreign exchange, the rupee opened at 84.41 and slipped further to 84.42 against the greenback, trading at its previous closing level in early deals.

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Thu, Oct 24, 2024

The local currency has been struggling to recover since October 11, when it closed at its lowest level of 84.10 against the dollar.

Currency Market News: Rupee trades in narrow range against US dollar

Currency Market News: Rupee trades in narrow range against US dollar

Tue, Oct 15, 2024

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range.

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Dollar falls with Treasury yields on views of looming US rate cuts

Dollar falls with Treasury yields on views of looming US rate cuts

Thu, Mar 07, 2024

US dollar rate index news: The US dollar eased on Thursday and hit a one-month low against the yen as traders zeroed in on the idea that US interest rates were likely to fall this year even after some upside surprises on inflation.

Currency market update | Dollar steady ahead of Powell testimony

Currency market update | Dollar steady ahead of Powell testimony

Wed, Mar 06, 2024

US dollar rate index news: The US dollar was largely steady on Wednesday, as traders avoided making large bets ahead of congressional testimony from Federal Reserve Chair Jerome Powell.

Dollar a spectator to China news, yen ponders rate risks

Dollar a spectator to China news, yen ponders rate risks

Tue, Mar 05, 2024

US dollar rate index news: The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a step closer to the end of negative interest rates.

Dollar steady as traders ponder Fed rate cut bets

Dollar steady as traders ponder Fed rate cut bets

Fri, Mar 01, 2024

US dollar rate index news: The dollar was steady on Friday after data showed US inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.

Dollar firm with eyes on PCE data, kiwi drops as RBNZ holds rates

Dollar firm with eyes on PCE data, kiwi drops as RBNZ holds rates

Wed, Feb 28, 2024

US dollar rate index news: The US dollar held steady as traders brushed off manufactured goods data overnight and awaited the Federal Reserve's preferred measure of inflation for clues on when the US central bank may start cutting interest rates.

Dollar droops as key US data looms; yen firms on CPI beat

Dollar droops as key US data looms; yen firms on CPI beat

Tue, Feb 27, 2024

US dollar rate index news: The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key US economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates.

Dollar firms ahead of busy data week with US inflation in focus

Dollar firms ahead of busy data week with US inflation in focus

Mon, Feb 26, 2024

US dollar rate index news: The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a US inflation reading taking centre stage.

Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in Feburary

Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in Feburary

Sun, Feb 25, 2024

The growth in CiC , the largest component of RM, decelerated to 3.7 per cent from 8.2 per cent a year ago, reflecting the withdrawal of Rs 2,000 banknotes, according to the RBI.

Dollar dips, data stays in focus for Fed clues

Dollar dips, data stays in focus for Fed clues

Fri, Feb 23, 2024

US dollar rate index news: The dollar index dipped on Thursday but came off of a three-week low as investors waited on new data catalysts for clues on when the US Federal Reserve is likely to begin cutting interest rates.

Dollar rangebound, an array of PMI data awaited

Dollar rangebound, an array of PMI data awaited

Thu, Feb 22, 2024

Flash Purchasing Managers' Index (PMI) figures across the US, the UK and the euro zone are due later in the day and will provide further clarity on their respective manufacturing and service sectors.

Dollar tracks global yields lower; sterling heavy

Dollar tracks global yields lower; sterling heavy

Wed, Feb 21, 2024

The greenback slipped below 150 yen in early Asia trade and last bought 149.93 yen, giving the Japanese currency some breathing space having been pinned near a three-month low in previous sessions.

Dollar firms past 150 yen as US, Japan rates outlook diverge

Dollar firms past 150 yen as US, Japan rates outlook diverge

Tue, Feb 20, 2024

US dollar rate index news: In the broader market, the dollar edged higher, though moves were largely subdued due to Monday's holiday in the United States for Presidents' Day.

Dollar steady as sticky inflation dents rate cut expectations

Dollar steady as sticky inflation dents rate cut expectations

Mon, Feb 19, 2024

US dollar rate index news: In early trade on Monday, the yen strengthened 0.20 per cent to 149.94 per dollar but remains down 6 per cent for the year, while against the euro yen hovered around three-month lows of 161.925.

Rupee Vs Dollar: Domestic currency settles flat at 83 against American dollar

Rupee Vs Dollar: Domestic currency settles flat at 83 against American dollar

Tue, Feb 13, 2024

Rupee Vs Dollar: As the support from a rally in domestic equities was negated by a strong greenback overseas and rising crude oil prices, the local currency settled at 83 for the day, similar to its previous close.

Yen near 10-week low, dollar buoyant as traders adjust rate bets

Yen near 10-week low, dollar buoyant as traders adjust rate bets

Fri, Feb 09, 2024

US dollar rate index news: The dollar index - which measures the currency against six major peers - was steady at 104.15, having gained 0.1 per cent on Thursday after fresh data pointed to the resilience of the US labor market, dealing another blow to bets for early Fed rate cuts.

Dollar oscillates on less dovish Fed comments; China inflation data awaited

Dollar oscillates on less dovish Fed comments; China inflation data awaited

Thu, Feb 08, 2024

US dollar rate index news: The US dollar was trading in a tight range on Thursday as traders digested less dovish remarks from policymakers overnight and looked ahead to fresh economic data from the United States.

Dollar on defensive after pullback from nearly 3-month peak

Dollar on defensive after pullback from nearly 3-month peak

Wed, Feb 07, 2024

US dollar rate index news: The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in US bond yields adding to the drag.

Dollar firms near 3-month high as rate cut bets dwindle

Dollar firms near 3-month high as rate cut bets dwindle

Tue, Feb 06, 2024

US dollar rate index news: The dollar index , which measures the US currency against six rivals, was at 104.42, having touched 104.60 on Monday, its highest since Nov. 14. The index is up 3 per cent for the year so far after dropping 2 per cent in 2023.

Dollar scales fresh peaks as Fed cut bets recede

Dollar scales fresh peaks as Fed cut bets recede

Mon, Feb 05, 2024

The yen as well as the Australian and New Zealand dollars meanwhile tumbled to two-month lows, while the euro similarly bottomed at a more than one-month trough of $1.07675 against a stronger greenback.

Dollar poised for weekly decline; US jobs data up next

Dollar poised for weekly decline; US jobs data up next

Fri, Feb 02, 2024

US dollar rate index news: Ahead of the release, the greenback dipped against a basket of currencies, extending a 0.5 per cent fall in the previous session. The dollar index was last at 103.02 and on track for its first weekly decline for the year.

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