Page 58 - Us Dollar

Safe-haven dollar gains as traders assess risks from Poland missile strike

The U.S. dollar index, which measures the currency against six peers and weights the euro most heavily, rose 0.19% to 106.63.

Worst of rupee volatility seen over as Fed view softens: BS poll

Rupee likely at 81.68 by December-end, largely stable at 81.75 by March-end

Cautious on India despite looming liquidity tailwind: UBS' Sunil Tirumalai

Sunil Tirumalai, strategist, UBS Securities India, says India's high valuations and a depreciating rupee could act as headwinds for the domestic markets

Dollar slides, CPI data suggests Fed could slow pace of rate hikes

The data boosted other currencies against the dollar. The Japanese yen at one point climbed to its biggest single-day rise since 2008 and the British pound notched its biggest daily

Rated Indian infrastructure firms most exposed to currency risk: S&P

Much of corporate portfolio has dollar-linked revenue and is not exposed to rupee depreciation

Rupee falls 30 paise to close at 81.77 against US dollar as Sensex tumbles

Forex traders said a weak trend domestic equities also weighed on investor sentiments

Rupee falls 17 paise to 81.64 against US dollar amid weak domestic equities

The rupee depreciated 17 paise to 81.64 against the US dollar in morning trade on Thursday, tracking weak domestic equities ahead of US inflation data. Forex traders said the focus will be on the US October CPI print scheduled to be released later on Thursday. At the interbank foreign exchange, the domestic unit opened at 81.61 against the dollar, then lost further ground to quote at 81.64, registering a loss of 17 paise over its previous close. On Wednesday, the rupee appreciated by 45 paise to close at 81.47 against the US dollar. "A poorer than-expected show by the Republicans in the midterms too is hurting sentiment. Republicans are likely to take over control of the House with a narrower margin than earlier expected and the Senate race is still wide open," IFA Global Research Academy said in a research note. It further added that Fed member Neel Kashkari said the Fed would do what it needs to do to lower inflation and that any talk of a Fed pivot is entirely premature. Meanw

Indian Rupee tipped to open tad lower ahead of US inflation data on Friday

The rupee is likely to open at 81.55-81.60, compared with 81.4350 in the previous session

Dollar advances ahead of inflation data; cryptos crumble over FTX deal

The greenback surged overnight against its peers and held to those gains in early Asia trade, pushing the Japanese yen away from a roughly two-week high hit in the previous session

Rupee strengthens to over one-month high on FPI flows, weak dollar

Indian currency at 1-month high on FPI flows, weak dollar

Dollar still being used to import Russian oil by Indian companies: Report

According to Indian importers, the rupee trade mechanism that was devised in July by the Reserve Bank of India (RBI) has not gained much traction yet

Dollar catches footing in Asia trade ahead of US midterm elections

Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus

Oil drops as China Covid cases spike, dollar gains ahead of midterms

Crude has slumped by about a quarter from its June highs as signs of a global slowdown, tighter monetary policy, and a strong US dollar weighed on prices

Gold trading at Rs 51,160 per 10 grams, silver selling at Rs 60,400 per kg

Bullion prices hit a three-week peak in the previous session, buoyed by a weaker US dollar

'$8 for all': Elon Musk on fees for blue-tick Twitter verification

'Power to the people', says social media platform about subscription for verified status

Rupee up 23 paise to 82.12 against US dollar in early trade as crude eases

The rupee appreciated 23 paise to 82.12 against the US dollar in early trade on Monday amid a positive trend in domestic equities and easing crude prices. At the interbank foreign exchange, the domestic unit opened at 82.14 against the dollar, then gained further ground to touch 82.12, registering a rise of 23 paise over its previous close. On Friday, the rupee appreciated by 53 paise to close at 82.35 against the US dollar. According to Sriram Iyer, Senior Research Analyst at Reliance Securities, the rupee started the trade with a gap-up trade tracking the overnight weakness of the dollar. However, most of the Asian and emerging market peers weakened against the greenback this Monday morning after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach and could cap appreciation bias of the local unit, Iyer noted. The key triggers for currencies this week will be the US inflation rate data followed by several speeches by Fed ...

Gold trading at Rs 51,290 per 10 grams, silver selling at Rs 60,400/kg

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,160, Rs 47,060, and Rs 47,710, respectively.

Dollar gains as China sticks to strict Covid policy, souring risk sentiment

The dollar gained 0.9% on the Chinese offshore yuan to 7.237 in early Asia trade, while the risk-sensitive Australian and New Zealand dollars were also among the biggest losers

Higher mobile bills hit Indian consumers harder than most nations

An analysis from shows that while overall bills are lower in India in absolute terms, they are a larger share of monthly income than in many economies

India's foreign exchange reserves jump $6.5 billion to $531 billion

The increase in reserves is mainly due to a rise in foreign currency assets that went up by $5.7 billion during the week