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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 snaps two-year winning streak on 2024 rate cut bets

Dollar snaps two-year winning streak on 2024 rate cut bets

Fri, Dec 29, 2023

US dollar rate index news: The dollar looked set on Friday to end 2023 with a loss, reversing two straight years of gains, dragged by market expectations that the US Federal Reserve could begin easing rates as early as next March.

Bruised dollar wobbles as traders eye US rate cuts next year

Bruised dollar wobbles as traders eye US rate cuts next year

Thu, Dec 28, 2023

US dollar rate index news: The dollar nursed steep losses on Thursday and was headed for a yearly decline after two years of strong gains as expectations of interest rate cuts from the Federal Reserve next year grip markets.

Dollar struggles to gain footing in thin trade; yen steady

Dollar struggles to gain footing in thin trade; yen steady

Tue, Dec 26, 2023

US dollar rate index news: The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world's largest economy is cooling that will likely give the Federal Reserve room to ease interest rates next year.

Dollar sinks ahead of US inflation test

Dollar sinks ahead of US inflation test

Fri, Dec 22, 2023

US dollar rate index news: The dollar languished near a more than four-month low on Friday ahead of a reading on a key US inflation gauge due later in the day, which will provide further clarity on how much room the Federal Reserve has to cut interest rates next year.

Dollar steadies as stocks slip

Dollar steadies as stocks slip

Thu, Dec 21, 2023

US dollar rate index news: The dollar found a footing on Thursday as a sudden end to a strong rally for US stocks had investors looking for safety and as an unexpected fall in British inflation hit the pound.

Dollar struggles on rate cut expectations; yen on back foot

Dollar struggles on rate cut expectations; yen on back foot

Wed, Dec 20, 2023

US dollar rate index news: The US dollar slipped against most major currencies on Wednesday as traders continued to sell the currency on bets that the US Federal Reserve will soon begin cutting interest rates, ahead of inflation data later this week.

Dollar rises vs yen while stocks gain on rate optimism

Dollar rises vs yen while stocks gain on rate optimism

Wed, Dec 20, 2023

US dollar rate index news: The US dollar rose against the yen on Tuesday after the Bank of Japan kept rates steady while MSCI's global stock index was gaining ground as investors focused on the prospect of US interest rate cuts in 2024.

Dollar feels the heat as Fed's dovish pivot weighs

Dollar feels the heat as Fed's dovish pivot weighs

Fri, Dec 15, 2023

US dollar rate index news: That has resulted in the greenback sliding broadly against rivals, with the dollar index at 102.05, not far from the four-month low of 101.76 it touched on Thursday. The index is down 1.9 per cent and on course for its steepest weekly decline since July.

Dollar takes a dive after Fed signals rate cuts next year

Dollar takes a dive after Fed signals rate cuts next year

Thu, Dec 14, 2023

US dollar rate index news: Both the euro and Japanese yen jumped in response, with the European Central Bank (ECB) preparing to announce its policy decision later on Thursday and the Bank of Japan coming up next week.

Dollar on back foot as traders look to Fed for cut timing clues

Dollar on back foot as traders look to Fed for cut timing clues

Wed, Dec 13, 2023

US dollar rate index news: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion of a Federal Reserve policy meeting and clues on when the US central bank will begin cutting interest rates.

Yen hands back gains, dollar waits on CPI

Yen hands back gains, dollar waits on CPI

Tue, Dec 12, 2023

The dollar rose about 0.9 per cent on the yen overnight . At 145.96 yen it is about 3 per cent above a low touched last week after remarks on the challenging outlook from Bank of Japan Governor Kazuo Ueda were taken as a hint that a policy shift was imminent.

Dollar steady with US inflation, Fed meeting eyed; yuan heavy

Dollar steady with US inflation, Fed meeting eyed; yuan heavy

Mon, Dec 11, 2023

US dollar rate index news: The dollar started Monday on the front foot, with a reading on US inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan.

Dollar steady, euro near three-week low as rate cut bets rise

Dollar steady, euro near three-week low as rate cut bets rise

Thu, Dec 07, 2023

US dollar rate index news: The euro languished near a three week low on Thursday as traders intensified bets that the European Central Bank (ECB) will start cutting rates from March next year, while the dollar was steady ahead of a crucial payrolls data later this week.

Dollar steady as traders weigh labour data, rate outlook

Dollar steady as traders weigh labour data, rate outlook

Wed, Dec 06, 2023

US dollar rate index news: The dollar index , which measures the US currency against six rivals, was 0.019 per cent higher at 103.99, having climbed 0.3 per cent overnight.

Arka Fincap aims to raise Rs 300 crore via NCD

Arka Fincap aims to raise Rs 300 crore via NCD

Tue, Dec 05, 2023

Arka Fincap's NCD- Company will raise ₹300 Cr, the company will use the amount for business expansion.

Rupee falls 3 paise to 83.41 against US dollar in early trade

Rupee falls 3 paise to 83.41 against US dollar in early trade

Tue, Dec 05, 2023

The Monetary Policy Committee of the central bank will begin its bi-monthly review meeting on Wednesday and announce the decision on Friday.

Dollar on shaky ground as Fed rate cut bets strengthen

Dollar on shaky ground as Fed rate cut bets strengthen

Mon, Dec 04, 2023

US dollar rate index news: The dollar started the week on a shaky footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell as they waited on a key employment report that could influence the outlook for US interest rates.

Any unfavourable Lok Sabha election outcome to pressurise fiscal deficit & currency: JM Financial MF's Gurvinder Singh Wasan

Any unfavourable Lok Sabha election outcome to pressurise fiscal deficit & currency: JM Financial MF's Gurvinder Singh Wasan

Fri, Dec 01, 2023

"We expect continuity of a range-bound movement in Rupee unless the central bank is forced to intervene to manage extreme volatility due to lumpy flows from off-shore participants," says the fund manager.

Dollar eases as traders weigh rate cut prospects

Dollar eases as traders weigh rate cut prospects

Fri, Dec 01, 2023

US dollar rate index news: The dollar index , which measures the US currency against six rivals, was 0.145 per cent lower at 103.30, after clocking its weakest monthly performance in a year in November, despite a 0.6 per cent jump overnight.

Dollar drifts near three-month low, focus on inflation data

Dollar drifts near three-month low, focus on inflation data

Thu, Nov 30, 2023

US dollar rate index news: The dollar index , which measures US currency against six rivals, eased 0.058 per cent to 102.74, not far from 102.46 - its lowest since Aug. 10 it touched on Wednesday.

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