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Latest Articles in dollar

Dollar Rebounds As Fed Chair Powell Commits To Fighting Inflation

The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to battling inflation, but did not settle the debate on how large a rate increase is likely at the US central bank's September meeting

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Rupee Falls 36 Paise To Close At 79.61 Against US Dollar

The rupee depreciated by 36 paise to close at 79.61 (provisional) against the US dollar on Thursday amid rising crude oil prices

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Rupee Rebounds 38 Paise To 79.25 Against Dollar On Forex Inflows

The rupee on Wednesday rebounded by 38 paise to close at 79.25 against the US currency following foreign fund inflows and a weak greenback in the global markets

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Rupee Falls 27 Paise To 78.80 Against US Dollar In Early Trade

The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities

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Rupee Rises 45 Paise To Close At 79.24 Against US Dollar

The rupee gained 45 paise to close at 79.24 (provisional) against the US dollar on Friday as heavy buying in domestic equities and weakness in the greenback bolstered investor sentiment

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Rupee Settles Flat At 79.78 Against US Dollar

At the interbank forex market, the local unit opened at 79.73 against the greenback and finally settled at 79.78 (provisional), unchanged from its previous close

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Indian Rupee Hits All-time Low, Closes At Rs 80 Against US Dollar

For the first time in history, the Indian rupee surpassed a psychologically significant level of 80 against the US dollar on Tuesday

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Rupee Recovers 8 Paise On Friday, Closes At 79.91 Against US Dollar

At the interbank foreign exchange market, the local currency opened at 79.95 and witnessed an intra-day high of 79.82 and a low of 79.96 against the US dollar in the day trade

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Rupee's Fresh Record Low To Hit Imports, Overseas Education, Travel

The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more for the same quantity and price. However, it is a boon for the exporters as they receive more rupees in exchange for dollars

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Euro Teeters Near Parity Vs Dollar, Hits New 20-year Low

The biggest pipeline carrying Russian gas to Germany, the Nord Stream 1, began annual maintenance on Monday, with flows expected to stop for 10 days. But governments and markets are worried Russia might extend the shutdown, exacerbating the energy crunch and tipping the economy into recession

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Rupee Falls 22 Paise To New Low Of 79.48 Against USD On Subdued Equity Markets

At the interbank forex market, the local unit opened weak at 79.30 against the greenback and witnessed an intra-day high of 79.24 and a low of 79.49

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Rupee Rises 3 Paise To Close At 79.30 Against US Dollar

The dollar index, which measures the greenback’s strength against a basket of six currencies, was up 0.18 per cent at 106.72. Recovering from a sharp 10 per cent decline on July 5, Brent Crude futures, the global oil benchmark, rose by 1.26 per cent to USD 104.06 per barrel

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Indian Rupee Hits Record Low Of 79.15 Per Dollar

Data late on Monday showed India's June trade deficit widened to a record USD 25.63 billion, pushed by a rise in crude oil and coal imports, from USD 9.61 billion a year ago

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Gold Slips On Dollar Gains, Clings Above $1,800 On Recession Risks

Minutes of the Federal Reserve's latest policy meeting and U.S. non-farm payroll numbers will be scanned this week for indications on the pace of policy tightening

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Bankrupt Sri Lanka Offers Fuel To Dollar-Paying Firms

The government of Sri Lanka has closed public schools and offices till 10 July, considering there is no money to import goods, the country must conserve fuel

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