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Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Thu, Nov 21, 2024

Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

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Rupee gains 12 paise to 81.96 against US dollar in early trade

Rupee gains 12 paise to 81.96 against US dollar in early trade

Fri, Jul 14, 2023

The rupee appreciated 12 paise to 81.96 against the US dollar in early trade on Friday, as a strong opening in domestic equity markets and a weaker greenback against major rivals overseas strengthened investor sentiments.

Dollar at 15-month low as easing inflation firms rate peak bets

Dollar at 15-month low as easing inflation firms rate peak bets

Fri, Jul 14, 2023

US dollar rate index news: The dollar hovered at 15-month lows on Friday after a steep dive overnight, as markets wagered the Federal Reserve was close to the end of its rate hike cycle due to easing inflation.

Rupee gains 21 paise to 81.97 against US dollar in early trade

Rupee gains 21 paise to 81.97 against US dollar in early trade

Thu, Jul 13, 2023

In the previous session on Wednesday, the rupee had settled at 82.18 against the dollar.

US dollar stumbles, drops to more than one-year low as inflation eases in June

US dollar stumbles, drops to more than one-year low as inflation eases in June

Thu, Jul 13, 2023

US dollar rate index news: The dollar crashed to its lowest in more than a year on Wednesday after data showed the rise in U.S. consumer prices moderated in June, suggesting the Federal Reserve may have to raise interest rates only one more time this year.

Pakistan lost over USD 4 billion in FY23 in remittances as illegal channels offer higher exchange rates

Pakistan lost over USD 4 billion in FY23 in remittances as illegal channels offer higher exchange rates

Tue, Jul 11, 2023

Pakistan lost over USD 4 billion in remittances sent by expatriates to illegal channels in the current fiscal year, much higher than the amount the cash-strapped government struggled to secure from the IMF as a bailout.

US dollar drops to three-week low as Fed rate hikes nearly done

US dollar drops to three-week low as Fed rate hikes nearly done

Tue, Jul 11, 2023

US dollar rate index news: The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central bank is near the end of its tightening cycle.

Dollar softens, China inflation data takes centre stage

Dollar softens, China inflation data takes centre stage

Mon, Jul 10, 2023

US dollar rate index news: The dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release.

Vedanta Group to acquire semiconductor business from sister concern Twin Star

Vedanta Group to acquire semiconductor business from sister concern Twin Star

Sat, Jul 08, 2023

Anil Agarwal-led Vedanta Group will acquire 100 per cent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said.

Rupee Vs Dollar: Rupee falls 13 paise to close at 82.73 against US dollar

Rupee Vs Dollar: Rupee falls 13 paise to close at 82.73 against US dollar

Fri, Jul 07, 2023

Rupee Vs Dollar: The rupee depreciated further by 13 paise to close at 82.73 (provisional) against the US dollar on Friday, weighed down by losses in domestic markets and a rise in crude oil prices.

Dollar eases after strong labor market reports

Dollar eases after strong labor market reports

Fri, Jul 07, 2023

US dollar rate index news: The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest rates later this month.

Dollar gains after Fed minutes reinforce rate hike expectations

Dollar gains after Fed minutes reinforce rate hike expectations

Thu, Jul 06, 2023

US dollar rate index news: The U.S. dollar edged higher against other major currencies on Wednesday after minutes from the Federal Reserve's June policy meeting reinforced market expectations of another interest rate hike at the end of July.

Dollar steady before Fed minutes; yen hovers below intervention zone

Dollar steady before Fed minutes; yen hovers below intervention zone

Wed, Jul 05, 2023

US dollar rate index news: The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as traders looked ahead to the release of minutes from the Federal Reserve's latest meeting for clues about the path for monetary policy.

FPI buying hits 10-month high of Rs 47,148 crore in June

FPI buying hits 10-month high of Rs 47,148 crore in June

Tue, Jul 04, 2023

FPI inflows in June at 10-month high FPIs invested ₹47148 crore in June Increased confidence of foreign investors in India

Dollar index hits two-week high as data boosts Fed hike expectations

Dollar index hits two-week high as data boosts Fed hike expectations

Fri, Jun 30, 2023

US dollar rate index news: The U.S. dollar index climbed to a two-week high on Thursday after economic data showed the labor market remained on a solid footing, giving the Federal Reserve a possible cushion to continue raising interest rates.

Dollar strengthens after ECB conference, yen stays soft

Dollar strengthens after ECB conference, yen stays soft

Thu, Jun 29, 2023

US dollar rate index news: The dollar index rose on Wednesday following comments from a host of global central bank leaders, including Federal Reserve Chair Jerome Powell, who did not rule out the possibility of another rate hike by the Fed at its next meeting in July.

Dollar weaker after data burst, euro rises on ECB comments

Dollar weaker after data burst, euro rises on ECB comments

Wed, Jun 28, 2023

US dollar rate: The dollar index retreated on Tuesday after a host of economic data releases indicated the U.S. economy remains resilient and may not be close to a recession, while the euro strengthened after comments from European Central Bank (ECB) President Christine Lagarde.

Dollar edges off 15-month high vs rouble as Russia eyed

Dollar edges off 15-month high vs rouble as Russia eyed

Tue, Jun 27, 2023

US dollar rate index news: The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gained modestly against the greenback following comments from the country's top currency diplomat.

Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes

Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes

Fri, Jun 23, 2023

US dollar rate index news: The U.S. dollar advanced against a basket of currencies on Thursday after Fed Chair Jerome Powell backed more U.S. rate increases albeit at a "careful pace" and as a spate of interest rate hikes by several central banks fuelled concerns over the outlook for global growth.

Rupee rises 5 paise to close at 81.96 against US dollar

Rupee rises 5 paise to close at 81.96 against US dollar

Thu, Jun 22, 2023

The rupee appreciated by 5 paise to close at 81.96 (provisional) against the US dollar on Thursday amid weak American currency against major rivals overseas.

Dollar drifts as traders weigh rate path; yen fragile

Dollar drifts as traders weigh rate path; yen fragile

Mon, Jun 19, 2023

US dollar rate: The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the yen was fragile in the wake of the Bank of Japan sticking to its ultra-easy policy.

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