Page 121 - Us Dollar

Rupee tumbles 70 paise against US dollar, hits 17-month low

The new coronavirus outbreak can now be described as a pandemic, the head of the World Health Organization announced Wednesday.

Congress asks Modi to explain 'sinking banks', not divert attention

"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.

Coronavirus: Wall Street slumps, investors seek shelter in bond and gold

The S&P index recorded two new 52-week highs and 135 new lows, while the Nasdaq recorded eight new highs and 415 new lows.

Fairfax seeks Canadian regulator's nod to infuse up to $1.5 bn in India

Makes regulatory filings as it seeks to invest in debt, equity or other securities over a 25-month period

US Dollar defies detractors with its strongest start in five years

Many forecasters came into 2020 expecting that US growth might trail other parts of the world and act as a drag on the American currency

Dollar ticks slightly lower awaiting details on US-China trade agreement

Caution over the future path of trade talks pushed the dollar index down 0.23%, last at 96.948

Gold steadies, dollar dips amid lack of clarity over US-China trade deal

Speculators slashed their bullish positions in COMEX gold contracts in the week to Dec. 10

Rupee slips 12 paise to 71.74 against US dollar amid growth concerns

Forex traders said month-end dollar demand from importers and uncertainty over the US-China trade talks also weighed on the domestic currency.

Gold prices soften as hopes of US-China trade deal boost equities, dollar

US President Donald Trump on Tuesday said Washington was in the "final throes" of a deal that would defuse the 16-month tariff dispute with Beijing.

Rupee sees 2-week high of 71.50 against dollar on foreign fund inflows

The rupee gain was further strengthened by weakening of dollar against the key rival currencies.

World stocks, dollar slip as reports kindle US-China trade deal hopes

The latest news on the trade deal came after a series of headlines earlier this week that suggested ongoing talks were unraveling

BRICS nations for common payment system to reduce dollar dependence: Russia

Dmitriev said the five BRICS nations had also discussed creating a common cryptocurrency for mutual payments as the grouping was reducing the share of payments in the U.S. dollar.

Slowing Indian economy spells tough times ahead for the rupee: Poll

After falling nearly 9 per cent in 2018, the Indian currency has shed another 4 per cent this year to touch a 2019 trough of 72.40 per dollar on Sept 3

Rupee opens marginally higher against US dollar amid dip in oil prices

The domestic unit gave up most of its losses to close down by 3 paise at 71.80 on Thursday.

Rupee plunges to 72 against US dollar for the first time in 2019

The domestic currency on Thursday crashed to an over eight-month low of 71.81, dropping 26 paise as tumbling equities and incessant foreign fund outflows weighed on sentiment.

Rupee can depreciate another 4% against the USD by 2019-end

FPIs have turned negative and the budgetary announcement on tax surcharge has been a factor that has restricted their activity

Rupee gains strength, opens 26 paise higher against US dollar

The domestic currency on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 as economic uncertainties continued to weigh.

Rupee opens 13 paise lower at 71.90 against US dollar amid weak global cues

The domestic unit on Wednesday lost 29 paise to close at 71.77 as fears of an impending global recession prompted investors to stick to safe-haven assets.

Rupee opens at one-month high against US dollar amid positive global cues

The domestic unit on Thursday climbed 52 paise to end at 71.14 as signs of easing trade tensions between the US and China buoyed global markets.

Rupee opens 14 paise higher against US dollar amid rebound in oil prices

The domestic unit declined 31 paise to close at 70.87 on Monday amid rising demand for the greenback vis-a-vis other currencies overseas.