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Page 5 - Dollar Rise

Rupee at 80: How have other currencies performed in the last six months

The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19

Rupee at 80: How have other currencies performed in the last six months
Updated On : 19 Jul 2022 | 4:11 PM IST

Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards

Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday

Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards
Updated On : 15 Jul 2022 | 12:56 AM IST

Dollar ascendant as CPI stokes Fed bets; Aussie jumps on strong jobs

The dollar resumed its relentless rise on Thursday, driven by both expectations for faster Federal Reserve policy tightening and safe-haven flows amid growing fears of a recession

Dollar ascendant as CPI stokes Fed bets; Aussie jumps on strong jobs
Updated On : 14 Jul 2022 | 1:08 PM IST

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%

Rupee ends at new low as global risk fears spur rush to safe-haven dollar
Updated On : 14 Jul 2022 | 2:55 AM IST

Rupee at record low as US dollar surges globally, domestic markets fall

Fears of a global recession weigh on the unit despite RBI measures to boost dollar inflow

Rupee at record low as US dollar surges globally, domestic markets fall
Updated On : 12 Jul 2022 | 11:41 AM IST

Gold sector finds reprieve after selloff as US dollar rally cools

(Reuters) - Gold rose on Thursday as the dollar pulled back slightly and some investors scooped up bargains after two sessions of heavy losses that plunged prices below the crucial $1,800 level.

Gold sector finds reprieve after selloff as US dollar rally cools
Updated On : 07 Jul 2022 | 8:29 PM IST

Rupee consolidates against dollar after sharp depreciation this week

Dealers say magnitude of RBI interventions slowed down over past couple of days

Rupee consolidates against dollar after sharp depreciation this week
Updated On : 01 Jul 2022 | 1:41 AM IST

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices

The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading.

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices
Updated On : 10 Jun 2022 | 11:35 PM IST

Rupee plunges to all-time low against dollar as US Treasury yields spike

The rupee declined by 17 paise to close at its all-time low of 77.71 against the US currency on Tuesday as surging US bond yields dampened the appeal of riskier assets.

Rupee plunges to all-time low against dollar as US Treasury yields spike
Updated On : 31 May 2022 | 11:00 PM IST

Dollar steady near one-month low as Fed minutes contain few surprises

LONDON (Reuters) - The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

Dollar steady near one-month low as Fed minutes contain few surprises
Updated On : 26 May 2022 | 3:50 PM IST

Global stocks edge up before Fed minutes, dollar off one-month low

LONDON (Reuters) - Stock markets and the dollar moved cautiously higher on Wednesday before the latest Federal Reserve meeting minutes, while New Zealand's dollar soared as its central bank joined those now aggressively jacking up interest rates.

Global stocks edge up before Fed minutes, dollar off one-month low
Updated On : 25 May 2022 | 4:00 PM IST

Gold set to snap 5-session winning run by stronger dollar ahead of Fed mins

(Reuters) - Gold prices fell on Wednesday as the dollar firmed in the run-up to minutes from the U.S. Federal Reserve's May policy meeting, which could provide cues on its policy tightening path.

Gold set to snap 5-session winning run by stronger dollar ahead of Fed mins
Updated On : 25 May 2022 | 3:52 PM IST

Global stocks rebound as unease over economy continues; dollar gains

NEW YORK (Reuters) - Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession.

Global stocks rebound as unease over economy continues; dollar gains
Updated On : 21 May 2022 | 3:10 PM IST
Gold's lustre dulls as dollar rates rebound, rate hike fears loom
Updated On : 18 May 2022 | 9:20 PM IST

Rupee falls 16 paise to record low of 77.60 against the US Dollar

The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market, the rupee opened lower at 77.57 and later hit the day's low of 77.61 as the dollar rebounded in global markets following hawkish comments from US Federal Reserve chief Jerome Powell. Crude oil prices also surged over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44. "The dollar index took support near 103.50 and the capital market witnessed profit booking from higher levels, sending rupee into weakness," said Jateen Trivedi, VP Research Analyst at LKP Securities. The US Fed chief asserted that the central bank would increase interest rates as high as needed to contain a spike in inflation which threatens the foundation of the economy. The dol

Rupee falls 16 paise to record low of 77.60 against the US Dollar
Updated On : 18 May 2022 | 5:09 PM IST

Gold prices near 14-week lows as dollar rises, Fed chief hardens stance

(Reuters) - Gold prices on Wednesday steadied near their lowest levels since late January pressured by a recovering dollar and an aggressive inflation stance from the U.S. Federal Reserve chief.

Gold prices near 14-week lows as dollar rises, Fed chief hardens stance
Updated On : 18 May 2022 | 4:19 PM IST

US dollar rebounds after Fed chair Powell reaffirms hawkish outlook

LONDON (Reuters) - The U.S. dollar bounced back on Wednesday, a day after its biggest daily loss in more than two months, as U.S. Federal Reserve chief Jerome Powell struck a more hawkish tone as the central bank battles to rein in surging inflation.

US dollar rebounds after Fed chair Powell reaffirms hawkish outlook
Updated On : 18 May 2022 | 4:16 PM IST

Dollar rally pauses after strong run, rivals seek tentative recovery

LONDON (Reuters) - The dollar eased for a third straight day on Tuesday as investors cautiously trimmed bets on a rally which sent the greenback to a two-decade high last week.

Dollar rally pauses after strong run, rivals seek tentative recovery
Updated On : 17 May 2022 | 4:04 PM IST

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%
Updated On : 16 May 2022 | 3:35 PM IST

World stocks in a tailspin, dollar soars as hard landing fears grow

LONDON (Reuters) - Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears grew that fast-rising inflation will drive a sharp rise in interest rates that brings the global economy to a standstill.

World stocks in a tailspin, dollar soars as hard landing fears grow
Updated On : 12 May 2022 | 4:29 PM IST