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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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Dollar holds ground as US inflation data looms

Dollar holds ground as US inflation data looms

Mon, Jan 08, 2024

US dollar rate index news: The yen struggled near the 145 per dollar level pressured by a broad bounce in the dollar, while the Australian and New Zealand dollars were nursing losses having fallen sharply last week amid cautious risk sentiment.

Dollar set for strongest week since July on reduced rate cut bets

Dollar set for strongest week since July on reduced rate cut bets

Fri, Jan 05, 2024

US dollar rate index news: US private employers hired more workers than expected in December, data showed on Thursday, pointing to persistent strength in the labour market that should continue to sustain the economy.

Rupee vs Dollar: Domestic currency gains 7 paise to settle at 83.23 against American dollar

Rupee vs Dollar: Domestic currency gains 7 paise to settle at 83.23 against American dollar

Thu, Jan 04, 2024

Currency market update: At the interbank foreign exchange, the rupee began the day at 83.30 against the dollar and fell to as low as 83.32 during the session before settling at 83.23 (provisional) against the greenback for the day. The domestic currency touched the peak of 83.21 against the greenback during intra-day deals.

Dollar rebounds as traders rethink Fed rate cut expectations

Dollar rebounds as traders rethink Fed rate cut expectations

Thu, Jan 04, 2024

US dollar rate index news: The dollar edged higher on Thursday as investors reassessed their expectations of the scale of rate cuts by the Federal Reserve this year, with an air of caution hanging over markets after an impressive risk rally last month.

Dollar edges higher as risk rally hits pause

Dollar edges higher as risk rally hits pause

Wed, Jan 03, 2024

US dollar rate index news: The dollar rose broadly on Wednesday and stood near a two-week high against its major peers, underpinned by a confluence of factors including elevated US Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street.

Dollar starts 2024 steady, focus switches to data

Dollar starts 2024 steady, focus switches to data

Tue, Jan 02, 2024

US dollar rate index news: The dollar was steady on the first trading day of the year as traders weighed the prospect of steep interest rate cuts from the Federal Reserve in 2024 and looked to economic data this week for clues on the central bank's next moves.

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.

Rupee vs Dollar: Domestic currency falls 16 paise to settle at 83.35 against American dollar

Rupee vs Dollar: Domestic currency falls 16 paise to settle at 83.35 against American dollar

Wed, Dec 27, 2023

Currency market update: Due to the sustained outflow of foreign funds and increased demand for American currency from importers and banks, the local unit depreciated by sixteen paise for the day from its previous close.

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.

Rupee Vs Dollar: Domestic currency falls 9 paise to settle at 83.27 against American dollar

Rupee Vs Dollar: Domestic currency falls 9 paise to settle at 83.27 against American dollar

Thu, Dec 21, 2023

Rupee Vs Dollar: The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday as withdrawal of foreign funds amid concerns over global trade disruption through the Red Sea route dented investor sentiment.

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.

Rupee vs Dollar: Domestic currency recovers 7 paise to close at 83.33 against American dollar as rate hike fear eases

Rupee vs Dollar: Domestic currency recovers 7 paise to close at 83.33 against American dollar as rate hike fear eases

Thu, Dec 14, 2023

Rupee vs Dollar: The Indian currency gained 7 paise for the day from its previous close as the greenback weakened in the overseas markets following signals that rate hikes by the US Federal Reserve were over. The local unit moved within a tight range of 83.27-83.35 throughout the session.

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.

Rupee vs Dollar: Domestic currency falls one paise to close at 83.38 against American dollar

Rupee vs Dollar: Domestic currency falls one paise to close at 83.38 against American dollar

Tue, Dec 12, 2023

Currency market update: At the interbank foreign exchange, the rupee began the day at 83.36 against the dollar and fell to as low as 83.39 during the session before settling at 83.38 (provisional) against the greenback for the day.

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