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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 Vs Dollar: Rupee rises 19 paise to close at 82.94 against US dollar

Rupee Vs Dollar: Rupee rises 19 paise to close at 82.94 against US dollar

Tue, Aug 22, 2023

Rupee Vs Dollar: The rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar on Tuesday, as the American currency retreated from its elevated levels.

Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

Mon, Aug 21, 2023

The rupee finally settled at 83.12 (provisional) against the US dollar, down 2 paise from its previous close.

Dollar gains intact as China disappoints, traders eye Jackson Hole

Dollar gains intact as China disappoints, traders eye Jackson Hole

Mon, Aug 21, 2023

US dollar rate index news: The dollar gained 0.7 per cent on the euro last week, inched ahead on the yen and surged by more than 1 per cent on the Antipodean currencies as U.S. Treasury yields leapt in anticipation of interest rates staying higher for longer.

Rupee sinks to record closing low of 83.14 vs dollar

Rupee sinks to record closing low of 83.14 vs dollar

Thu, Aug 17, 2023

Rupee Vs Dollar: The Indian rupee fell to its lowest closing level ever against the dollar as rising US Treasury yields and a risk-averse environment weighed on the local currency.

Dollar shines on US economic resilience; Aussie tumbles after employment data

Dollar shines on US economic resilience; Aussie tumbles after employment data

Thu, Aug 17, 2023

US dollar rate index news: The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a strikingly ultra-dovish Bank of Japan struggled to defend its policy stance.

Dollar ticks higher versus yen, China fears drag on yuan

Dollar ticks higher versus yen, China fears drag on yuan

Thu, Aug 17, 2023

US dollar rate index news: The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone that last year triggered intervention, while the yuan slipped to a nine-month low as fears mounted about the extent of China's slowdown.

Dollar hits highest in more than a month on China economy concerns

Dollar hits highest in more than a month on China economy concerns

Tue, Aug 15, 2023

US dollar rate index news: The U.S. dollar hit more than a one-month high on Monday as investors sought a safe haven due to concerns about China's economy, and traders braced for possible Japanese government intervention after the yen hit its lowest level since November.

US dollar recovers from inflation-related losses; yen slumps

US dollar recovers from inflation-related losses; yen slumps

Fri, Aug 11, 2023

US dollar rate index news: The dollar reversed losses on Thursday, led by gains against the yen, as investors digested U.S. inflation numbers that showed a moderate increase last month, but are still way above the Federal Reserve's 2 per cent inflation target.

US dollar inches lower ahead of inflation report

US dollar inches lower ahead of inflation report

Thu, Aug 10, 2023

US dollar rate index news: The U.S. dollar drifted lower on Wednesday in thin rangebound trading, with investors looking ahead to Thursday's U.S. consumer prices report for indications on where the Federal Reserve's monetary policy is headed.

US dollar gains as Fed comments on more rate hikes lend support

US dollar gains as Fed comments on more rate hikes lend support

Tue, Aug 08, 2023

US dollar rate index news: The dollar rose against major currencies on Monday, broadly supported by Federal Reserve officials saying additional interest rate hikes are likely given that inflation remains persistently high and the labor market is still tight.

Corrosion leads to losses worth USD 110 billion in India annually: ISSDA

Corrosion leads to losses worth USD 110 billion in India annually: ISSDA

Fri, Aug 04, 2023

As India moves towards a USD 5 trillion economy goal, dealing with a challenge like corrosion in projects should be a key focus area, Rajamani Krishnamurti, president of Indian Stainless Steel Development Association (ISSDA) said.

Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar

Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar

Wed, Aug 02, 2023

Rupee Vs Dollar: The rupee fell 38 paise to settle at 82.60 (provisional) against the US dollar on Wednesday on weak domestic equities and elevated crude prices in international markets. Rupee is trading in a negative note on risk aversion in global markets and weak Asian currencies

Dollar gains after relatively strong data, Aussie dollar tumbles

Dollar gains after relatively strong data, Aussie dollar tumbles

Wed, Aug 02, 2023

US dollar rate index news: The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline in job openings last month to the lowest level in more than two years.

Dollar gains after Fed loan survey, yen slips

Dollar gains after Fed loan survey, yen slips

Tue, Aug 01, 2023

US dollar rate index news: The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during the second quarter, a sign rising interest rates are having an impact on the economy.

US dollar rises as strong data push against dovish policy narrative

US dollar rises as strong data push against dovish policy narrative

Fri, Jul 28, 2023

US dollar rate index news: The dollar strengthened against the euro on Thursday, after better-than-expected U.S. economic data continue to foil investors' expectation for relatively dovish monetary policy from the Federal Reserve.

US dollar flat as market awaits clarity from central banks

US dollar flat as market awaits clarity from central banks

Wed, Jul 26, 2023

US dollar rate index news: The dollar was flat against a basket of its major peers on Tuesday, as investors hope a trio of central bank meetings this week will provide guidance on the outlook for monetary policy. Signs of an extremely resilient U.S. economy helped the currency recover from a recent 15-month low, as well as persistent weakness in Europe.

Dollar gains, stocks fall as US data suggests rates to stay higher

Dollar gains, stocks fall as US data suggests rates to stay higher

Fri, Jul 21, 2023

US dollar rate index news: The dollar rallied and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the Federal Reserve will keep interest rates higher for longer to curb inflation.

Corporate funding in global solar sector grows 54% to USD 18.5 billion in January-June: Mercom report

Corporate funding in global solar sector grows 54% to USD 18.5 billion in January-June: Mercom report

Wed, Jul 19, 2023

According to a Mercom Capital report, the total corporate funding was at USD 12 billion in the January-June period in 2022, the report said, adding that corporate funding includes venture capital, public market and debt financing.

Dollar decline slows as investors wait on Fed

Dollar decline slows as investors wait on Fed

Tue, Jul 18, 2023

US dollar rate index news: The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but held above more than one-year lows reached on Friday with no major catalysts to drive market direction.

Analyzing the Weakness of the Dollar: Causes and Implications Know From Ajay Bagga

Analyzing the Weakness of the Dollar: Causes and Implications Know From Ajay Bagga

Mon, Jul 17, 2023

Why is the dollar getting worse?, How long will the online dollar weakness last?, How are China's manufacturing data? View the full analysis from Ajay Bagga of Elements Platforms

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