Page 68 - Us Dollar

Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view

Rupee logs first weekly gain in four, outperforms all EM currencies

Britain slips behind India to become world's sixth biggest economy

The former British colony leaped past the UK in the final three months of 2021 to become the fifth-biggest economy

Gold prices rise as dollar softens, but on track for third weekly fall

Spot gold rose 0.4% to $1,702.49 per ounce by 0801 GMT, but was down about 2% for the week so far

As US dollar strengthens, rupee falls 14 paise to 79.70 in early trade

The rupee depreciated by 14 paise to 79.70 against the US dollar in opening trade on Friday, weighed down by strength of the American currency in the overseas market. At the interbank foreign exchange market, the rupee opened at 79.63 against the greenback, then fell further to 79.70, registering a decline of 14 paise over its last close. On Thursday, the rupee declined by 4 paise to close at 79.56 against the dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.12 per cent to 109.55. The rupee opened on a weak note as the dollar index advanced to 109.60 with the British pound falling to its lowest in two years while Yen touched the 140-mark, said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors. Forex traders said though oil prices remained subdued, weak Asian and emerging market peers and higher inflation expectation might weigh on the local currency. The global oil benchmark Brent crude futures ..

Asian shares struggle, dollar at decades-high ahead of US payrolls report

Japan's Nikkei and Chinese bluechips were mostly unchanged, Hong Kong's Hang Seng index eased 0.2% and South Korea gained 0.5%

Dollar at two-decade high, heads for third weekly gain as payrolls loom

A solid U.S. manufacturing survey overnight was enough to push the greenback above 140 yen for the first time since 1998 and it also hit a 2-1/2 year high against sterling

Dollar hits 20-year high as data support aggressive Federal Reserve

The U.S. currency firmed after a government report showed that the number of Americans filing new claims for unemployment benefits declined further last week

Dollar jumps to 20-year high as data supports aggressive Fed hike

The report also showed that layoffs dropped in August, despite hefty interest rate increases from the Fed to quell inflation, which have raised the risk of a recession

Rupee avoids sell-off against a rampant USD, closes flat on oil price drop

The partially convertible rupee eased 0.1% to 79.5550 per U.S. dollar, having firmed up to a more than two-week high of 79.31 during the session

Gold prices slip to six-week low on robust dollar, rate-hike view

Euro zone inflation rose to a record high last month, solidifying the case for further aggressive rate hikes by the European Central Bank.

Rupee outperforms most EM peers as dollar surges to a 20-year high

During the month gone by, the rupee depreciated a mere 0.2% against the greenback even as the dollar index has gained a massive 3%

ECB rate hike bets hoist euro; hawkish Fed comments bolster US dollar

Another month of manufacturing contraction is expected for August, with a reading of 49.2 forecast, marginally higher than the 49.0 reading in July

Gold lingers near 1-month low as possibility of more Fed rate hikes weigh

Data also showed a bigger-than-expected rebound in U.S. consumer confidence in August

Rupee surges to end at 79.46 vs dollar as MSCI rebalancing spurs inflows

Bond yields fall as HDFC's Rs 10,000 crore debt sale plan propels custodian flows

Brent crude stable as market juggles inflation woes with supply fears

Brent crude futures for October settlement fell 9 cents to $105 a barrel by 0841 GMT, after climbing 4.1% on Monday, the biggest increase in more than a month

Gold prices ease on rate-hike pressure, softer dollar checks losses

Spot gold had fallen 0.2% to $1,734.69 per ounce by 0857 GMT after hitting a one-month low of $1,719.56 in the previous session

Rupee appreciates 7 paise to 79.84 against US dollar in early trade

The rupee appreciated 7 paise to 79.84 against the US dollar in early trade on Tuesday in line with a positive trend in domestic equities. However, higher oil prices and month-end dollar demand could restrict the gains for the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 79.92 against the American dollar and touched 79.84 in initial deals, registering a gain of 7 paise over the last close. On Monday, the rupee closed at 79.91 against the US dollar. The rupee opened on a flat note after Monday's volatile session in which RBI had intervened to support the currency amid a fall in equities and a rise in the dollar index, according to experts. Asian currencies are generally down as the market digests US Federal Reserve chief Jerome Powells' hawkish tone on interest rates on Friday. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06 per cent to 108.76. Global oil benchmark Brent crude futures

Dollar touches 20-year high, but kept in check by euro, as rates in focus

The dollar index, which measures the currency's value against a basket of peers, scaled a fresh two-decade peak of 109.48 before retreating

RBI support pulls rupee up from fresh lows, helps currency recoup losses

Central bank may have sold dollars heavily around the 80.05 mark to shield domestic unit

Gold prices recover from one-month low as dollar index down 0.2%

Spot gold rose 0.3% to $1,742.83 per ounce by 10:09 a.m. ET (1409 GMT). Prices touched their lowest since July 27 at $1,719.56 earlier in the session