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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.

TRENDING NOW

Krypton Solutions likely to invest USD 100 million in Karnataka

Krypton Solutions likely to invest USD 100 million in Karnataka

Wed, Oct 04, 2023

Texas-based Krypton Solutions is likely to invest USD 100 million (Rs 832 crore) to set up a Printed Circuit Board fabrication unit in Karnataka, while semiconductor manufacturing company Texas Instruments has affirmed its commitment to R&D expansion in the state.

Yen cowers near 150 as Japanese intervention chatter runs rife

Yen cowers near 150 as Japanese intervention chatter runs rife

Wed, Oct 04, 2023

US dollar rate index news: In the broader currency market, the dollar charged higher on the back of upbeat data on Tuesday showing US job openings unexpectedly increased in August amid a surge in demand for workers in the professional and business services sector.

Dollar hits new high on upbeat data, yen teeters near intervention line

Dollar hits new high on upbeat data, yen teeters near intervention line

Tue, Oct 03, 2023

US dollar rate index news: The euro also hit over a one-year low against the greenback, dropping below January's 1.0482 nadir, as manufacturing surveys released in both Europe and the US on Monday highlighted the divergence between the two economies.

Buoyant dollar pushes fragile yen to 11-month low

Buoyant dollar pushes fragile yen to 11-month low

Mon, Oct 02, 2023

US dollar rate index news: Currency moves were subdued in early Asia trade with parts of Australia out for a holiday and China away for its Golden Week, though analysts said a narrowly-averted US government shutdown could bring some relief to markets.

Dollar off 10-month high, yen still under intervention watch

Dollar off 10-month high, yen still under intervention watch

Fri, Sep 29, 2023

US dollar rate index news: The dollar index, which tracks the currency against six other majors, was mostly flat in the Asian morning, on track for an 11th straight week of gains, after dipping as low as 106.020 overnight.

JioAirFiber could unlock a US$7-10 billion revenue opportunity: Jefferies

JioAirFiber could unlock a US$7-10 billion revenue opportunity: Jefferies

Thu, Sep 28, 2023

JioAirFiber could unlock a US$7-10 billion revenue opportunity as it could spur broadband adoption among 85 million Pay-TV homes that do not have internet access today, according to a report by foreign brokerage Jefferies.

Dollar sticks near 10-month high, keeping heat on yen

Dollar sticks near 10-month high, keeping heat on yen

Thu, Sep 28, 2023

US dollar rate index news: Federal Reserve Bank of Minneapolis President Neel Kashkari was one among several Fed voices to caution markets on the possibility of more hikes, saying on Wednesday that ample evidence of ongoing economic strength meant that more tightening might be in the pipeline.

Dollar rides Treasury yields higher, yen battered

Dollar rides Treasury yields higher, yen battered

Wed, Sep 27, 2023

US dollar rate index news: Sterling slid to a fresh six-month low of $1.2145 in early Asia trade, coming under pressure against a stronger greenback. It looked set for a quarterly decline of more than 4 per cent, its worst in a year.

Dollar at 10-month top as US yields spike; yen slides

Dollar at 10-month top as US yields spike; yen slides

Tue, Sep 26, 2023

US dollar rate index news: A combination of resilient economic data, hawkish Federal Reserve rhetoric and a budget deficit to be financed by borrowing has the 10-year Treasury yield up more than 45 basis points in September to top 4.5 per cent for the first time since 2007.

Sliding yen stokes intervention threat; dollar reigns

Sliding yen stokes intervention threat; dollar reigns

Mon, Sep 25, 2023

US dollar rate index news: In the broader currency market, the dollar was on the front foot, extending its gains from last week after a still-hawkish Federal Reserve surprised markets by signalling U.S. rates would need to stay higher for longer than initially expected.

Yen worries increase as dollar strengthens after Fed

Yen worries increase as dollar strengthens after Fed

Thu, Sep 21, 2023

US dollar rate index news: The U.S. central bank, however, stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses.

Rupee recovers from record lows, jumps 24 paise to end at 83.08 against US dollar

Rupee recovers from record lows, jumps 24 paise to end at 83.08 against US dollar

Wed, Sep 20, 2023

The rupee finally closed at 83.08 against the dollar, registering a gain of 24 paise from its previous close.

Dollar holds steady, yuan rises on better-than-expected China data

Dollar holds steady, yuan rises on better-than-expected China data

Fri, Sep 15, 2023

US dollar rate index news: The dollar was on the front foot in Asia on Friday, retaining overnight gains against peers after strong U.S. economic data and an ECB rate hike, with traders' attention warily turning to a data deluge from China. U.S. retail sales received a boost from higher gasoline prices.

Dollar hovers above 3-month low to euro as ECB decision looms

Dollar hovers above 3-month low to euro as ECB decision looms

Thu, Sep 14, 2023

US dollar rate index news: Australia's dollar popped to a one-week high after strong employment figures, but then quickly retraced most of the advance as the data showed the vast majority of new jobs were part-time. The U.S. dollar index - measuring the currency against a basket of six developed-market peers, including the euro and yen - edged 0.1 per cent lower to 104.63 in the Asian morning.

Yen stands tall, dollar finds floor ahead of US inflation

Yen stands tall, dollar finds floor ahead of US inflation

Tue, Sep 12, 2023

The U.S. dollar reversed some of its close to 0.5 per cent loss against a basket of currencies on Monday. The Aussie was last 0.12 per cent lower at $0.6423 while the New Zealand dollar fell 0.14 per cent to $0.5911, having been among the biggest beneficiaries against a weaker greenback on Monday and gaining 0.8 per cent and 0.6 per cent, respectively.

Dollar on course for its longest weekly winning streak since 2014

Dollar on course for its longest weekly winning streak since 2014

Fri, Sep 08, 2023

US dollar rate index news: The dollar was headed for its longest weekly winning streak in nine years on Friday, bolstered by a resilient run of U.S. economic data that has also put the end of the Federal Reserve's rate-hike cycle into question.

Dollar firm on growth worries, fragile yen draws warning

Dollar firm on growth worries, fragile yen draws warning

Wed, Sep 06, 2023

US dollar rate index news: The dollar perched near a six-month peak on Wednesday as jitters over China and global growth dragged on risk sentiment, while the yen was close to a 10-month low, drawing the strongest warning since mid-August from Japan's top currency diplomat.

Dollar steadies, Aussie slips as RBA looms

Dollar steadies, Aussie slips as RBA looms

Tue, Sep 05, 2023

US dollar rate index news: The dollar was firm on Tuesday and the Aussie under a little pressure as traders watched out for the Reserve Bank of Australia's interest rate decision with bets that rates may have peaked.

Rupee rises 12 paise to 82.52 against US dollar

Rupee rises 12 paise to 82.52 against US dollar

Mon, Aug 28, 2023

Forex traders said the rupee is trading in a range as selling pressure by foreign investors dented sentiments, while easing crude oil prices cushioned the downside.

Dollar loiters at two-month peak ahead of Powell speech

Dollar loiters at two-month peak ahead of Powell speech

Fri, Aug 25, 2023

US dollar rate index news: The U.S. dollar sat at an over two-month peak on Friday, on course for its sixth straight week of gains as markets await a speech from Federal Reserve Chair Jerome Powell to gauge the path of monetary policy.

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