Page 17 - Dollar

Ukraine's President Zelensky wants Iran punished for helping Russia

"If it was not for the Iranian supply of weapons to the aggressor, we would be closer to peace now," Zelensky said Sunday evening in his daily address

Rupee logs best single-day gain since September 30 on strong FPI flows

The rupee settled at 82.44 per dollar on Friday versus 82.89 on Thursday

Dollar takes breather on China reopening hopes, US jobs data in focus

In contrast, Friday data showed euro zone business activity contracted last month at the fastest pace since late 2020

China leads Asia stocks higher, dollar advances as Fed rate hikes loom

MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.

Dollar rallies as US Federal Reserve signals more rate hikes; pound drops

The Japanese yen eased 0.2% against the dollar to 148.18, as traders continue to watch for any further official intervention to shore up the battered currency

Oil prices slip as dollar firms, but supply worries check losses

Brent crude shed 44 cents, or 0.5%, to $95.72 a barrel at 0146 GMT, while US West Texas Intermediate (WTI) crude futures retreated 59 cents, or 0.7%, to $89.41

Dollar falls as investors await US Fed policy decision, yen and real gain

Against the weakening dollar, the euro and sterling edged up to $0.9890 and $1.1502, respectively

Asian shares waver, dollar dips ahead of Federal Reserve's policy decision

Markets widely expect the Fed to raise its benchmark overnight interest rate by 75 basis points (bps) to a range of 3.75% to 4.00%, the fourth such increase in a row

Rupee marks biggest monthly losing streak since 1985, braces for Fed move

Oil importers' dollar purchases, breach of technical levels drag rupee lower

Too early to write off 'king' dollar's dominance, says Wall Street

It's too soon to write off the dollar's dominance as the US rate-hike cycle may not be near its peak

Dollar slides on expectations of less hawkish Fed; euro at 1-month high

The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow rate hikes

Dollar shakes off suspected Japan intervention; stocks brace for earnings

US shares were mixed on Monday as European markets were lifted by hopes that US interest rates could rise more slowly

Dollar shakes off suspected Japan intervention; stocks brace for earnings

The dollar weathered another suspected blast of Japanese intervention to rise against the yen on Monday, while European markets got a lift

India's foreign exchange reserves at lowest level since July 2020

The fall in foreign exchange reserves was primarily on account of a decline in the RBI's foreign currency assets that fell $2.8 billion on-week to $468.87 billion

Indian exporters hold off dollar sales eyeing better returns, hurting rupee

Indian exporters are holding back on dollar sales on hopes of a further slide in the rupee, eyeing a windfall as the local currency plumbs record lows this year

Dollar edges up but gains under check as global risk appetite rebounds

The US dollar edged higher against a basket of currencies on Tuesday, shaking off some of the weakness of the previous session

RBI's currency intervention ends up hurting rupee carry trade: Analysts

The Reserve Bank of India's currency intervention is making the rupee less attractive for carry traders, analysts said.

Bangladesh disallows Bollywood actor's dance in bid to save dollars

Nora Fatehi, known for her work in the Indian film industry, wasn't granted permission "in view of the global situation and with the aim of maintaining the foreign exchange reserves

Rupee to trade in Rs 82.25-82.75 band against dollar: Bank of Baroda

The intervention by the Reserve Bank of India (RBI) in the forex market will keep the Indian rupee in Rs 82.25-82.75 band against the US dollar in the near term, said Bank of Baroda in a report

Rupee is not sliding, dollar is strengthening, says FM Sitharaman in US

Finance Minister Nirmala Sitharaman has said that the rupee has not weakened but it is the dollar that has strengthened, as she defended the 8 per cent slide in the value of Indian currency against the greenback this year. Speaking to reporters after attending the annual meetings of the International Monetary Fund (IMF) and the World Bank, she asserted that the fundamentals of the Indian economy were strong and that inflation was low compared to other parts of the world. "First of all I would look at it as not rupee sliding, I would look at it as dollar strengthening, dollar strengthening incessantly," she said in reply to a question on weakening rupee. All other currencies around the world are performing against a strengthening dollar, she said. "And I'm not talking technicalities, but it is a matter of fact that India's rupee probably has withstood this dollar rate going up, the exchange rate in favour of dollar strengthening is there and I think Indian rupee has performed much .