Dollar

US President Donald Trump's signature is set to feature on US paper currency soon, a first for a sitting president since the introduction of dollar bills in 1861. The decision, taken by the US Treasury, coincides with the 250th anniversary celebrations of American Independence this year. "In celebration of America's 250th anniversary, President Donald J Trump's signature alongside (Treasury) Secretary Scott Bessent's will soon appear on US currency, marking a first in history, and symbolizes @POTUS' leadership and dedication to our great nation will carry a lasting impact," US Treasurer Brandon Beach said in a post on X. Earlier this month, a federal arts commission approved the final design for a 24-karat gold commemorative coin bearing Trump's image to help celebrate the 250th anniversary of American Independence. "Under President Trump's leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability," Bessent said i

Transactions are being carried out by depositing Indian rupees into special overseas bank accounts held by Russian sellers which are then being converted into UAE's dirham or the Chinese yuan

Indian currency hits record low of 93.72 per dollar, logging steepest fall in four years as surging crude oil prices and capital outflows weigh on sentiment

Central banks in the US, Canada and Japan struck hawkish tones this week, wary that rising energy prices could spark a fresh wave of inflation

Currency weakens on importer demand and thin dollar liquidity, with trade deficit concerns and Fed policy outlook weighing on sentiment

Currency weakens to a fresh intra-day low as oil prices surge amid West Asia tensions, with RBI stepping in through dollar sales to limit volatility

The dollar ​was up 0.8 per cent to $1.1525 on the euro, its highest since November, and rose almost 0.4 per cent to 158.48 ‌yen early in the Asia session

After breaching 92 per dollar, the rupee rebounded sharply on RBI's heavy dollar sales, becoming the best-performing Asian currency even as geopolitical risks kept markets cautious

RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions

RBI net sold $10 billion in December, with short dollar positions in the forward market easing to $62.35 billion, even as the rupee's REER slipped to 94.76, the monthly bulletin showed

The rupee strengthened against the dollar tracking gains in Asian currencies, but upside was capped by strong dollar demand from large corporates, dealers said

Asked about the currency, Lagarde said the ECB was keeping a close eye on markets but ultimately concluded that no big change has taken place in recent months

The impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived across most asset classes with stocks around the world trading at record highs

Traders were also keeping a watchful eye on events ​in Venezuela, after the US raid and capture of President Nicolas Maduro

The rupee may open weaker amid strong dollar demand and geopolitical uncertainty, while heavy state bond supply is set to keep government bond yields under upward pressure

A dwindling ​interest rate difference between the US and other economies has cast a shadow over the currency market, resulting in most currencies gaining sharply against the dollar in 2025

RBI data shows its outstanding net short dollar position in the rupee forward market rose to $66.04 billion by end-November, up from $63.6 billion at end-October

The rupee strengthened to 89.88 per dollar on exporter dollar sales and foreign inflows, leading Asian peers on Tuesday, though analysts said structural demand-supply pressures persist

The Indian rupee has slipped to an all-time low against the US dollar, pressured by foreign investor exits and global trade tensions. A new poll suggests a mild recovery could be ahead

The dollar index was largely steady at 99.55, against the previous close of 99.62. It measures the strength of the greenback against a basket of six major currencies