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Dollar stable, yen wobbles ahead of US inflation data

GLOBAL-FOREX:Dollar stable, yen wobbles ahead of US inflation data

Dollar stable, yen wobbles ahead of US inflation data
Published on Sep 10, 2024 10:50 AM IST
Reuters |

Yen Watchers on Alert for Test of August High on US Payrolls

Currency strategists see a strong chance of the yen testing its August high versus the dollar later Friday if payrolls data boost bets for a jumbo rate cut by the Federal Reserve this month.

Yen Watchers on Alert for Test of August High on US Payrolls
Published on Sep 06, 2024 10:05 AM IST
Bloomberg |

How to make tourism work for locals and visitors alike

Holidays don’t have to be hell

Tourism is a useful source of revenue(Photo by Milada Vigerova on Unsplash)
Published on Sep 03, 2024 09:00 AM IST
The Economist

Asia shares hesitate and dollar dips; oil gains

GLOBAL-MARKETS:Asia shares hesitate and dollar dips; oil gains

Asia shares hesitate and dollar dips; oil gains
Published on Aug 26, 2024 11:32 AM IST
Reuters |

Bhavish Aggarwal schooled for suggesting Dollar sign be replaced with Rupee

Bhavesh Aggarwal's call to replace Dollar sign with the Indian Rupee led him to being trolled on social media.

Bhavish Aggarwal, CEO of Ola Cabs was trolled on social media for his remark on the Dollar sign. (Reuters)
Published on Aug 25, 2024 08:49 AM IST

Gold hits record high on softer dollar, rate cut hopes, Middle East tensions

Gold prices rose to an all-time high due to a weaker dollar, growing expectations for a US interest-rate cut in September, and Middle East geopolitical tensions

Spot gold was up 1.3% to $2,487.66 per ounce by 09:30 a.m. EDT (1330 GMT) (Representational Image/Unsplash)
Published on Aug 16, 2024 09:09 PM IST
Reuters |

Russian rouble continues to weaken on Kursk escalation risks

RUSSIA-MARKETS/:Russian rouble continues to weaken on Kursk es

Russian rouble continues to weaken on Kursk escalation risks
Updated on Aug 14, 2024 01:39 PM IST
Reuters |

Bank of Japan raises its key interest rate, aiming to curb yen's slide against the dollar

Bank of Japan raises its key interest rate, aiming to curb yen's slide against the dollar

Bank of Japan raises its key interest rate, aiming to curb yen's slide against the dollar
Published on Jul 31, 2024 09:53 AM IST
AP |

MORNING BID EUROPE-Wall Street in measured mood as Biden bows out

GLOBAL-MARKETS/VIEW-EUROPE:MORNING BID

MORNING BID EUROPE-Wall Street in measured mood as Biden bows out
Updated on Jul 22, 2024 10:02 AM IST
Reuters |

MORNING BID AMERICAS-Labor in focus - US jobs, new UK government

GLOBAL-MARKETS/VIEW-USA:MORNING BID AMERICAS-Labor in focus - US jobs, new UK government

MORNING BID AMERICAS-Labor in focus - US jobs, new UK government
Updated on Jul 05, 2024 03:32 PM IST
Reuters |

Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever

MARKETS-DOLLAR/RESERVES (COLUMN, PIX):COLUMN-Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever

Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever
Published on Jun 06, 2024 07:12 PM IST
Reuters |

Philippines Raises $2 Billion Amid Asia Dollar Bond Bonanza

The Philippines raised $2 billion from a two-part dollar bond sale on Tuesday, its first trip to the international market this year that may usher similar offerings from the Southeast Asian nation’s corporate borrowers.

Philippines Raises $2 Billion Amid Asia Dollar Bond Bonanza
Published on May 08, 2024 09:14 AM IST
Bloomberg |

Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap

The yen extended losses, unwinding its sharp rebound on Friday, as traders shifted their focus back to Japan’s interest-rate outlook.

Yen Wipes Out Friday’s Gain as Market Focus Returns to Yield Gap
Published on May 06, 2024 01:39 PM IST
Bloomberg |

Treasuries Get Respite as Middle East Risks Fan Haven Bid

Treasuries advanced with the dollar as concerns over an escalation in the Middle East conflict bolstered demand for safe-haven assets.

Treasuries Get Respite as Middle East Risks Fan Haven Bid
Published on Apr 19, 2024 08:31 AM IST
Bloomberg |

Japanese Yen hits 34-yr low ahead of key US inflation test

The yen traded at 151.97 per dollar in the Asia session, down about 0.2% and weaker than 151.94.

Japanese yen and US dollar banknotes are seen with a currency exchange rate graph in this illustration.(Reuters)
Published on Mar 27, 2024 09:06 AM IST
Reuters |

Rupee turns flat at 82.90 against US dollar in early trade

Rupee turns flat at 82.90 against US dollar in early trade

HT Image
Updated on Mar 06, 2024 09:33 AM IST
PTI |

Russian rouble hits weakest in almost two weeks vs dollar. Here's why

Russian rouble had gained 0.1% to trade at 97.36 versus the euro and firmed 0.1% against the yuan to 12.47.

A customer holds a Russian rouble banknote while looking at foodstuffs at a market in Saint Petersburg, Russia.(Reuters)
Published on Jan 29, 2024 01:25 PM IST
Reuters |

Stock market today: Asian shares mixed, Bank of Japan monetary policy unchanged

Stock market today: Asian shares are mixed as Bank of Japan keeps its monetary policy unchanged

A person walks near an electronic stock board showing Japan's Nikkei 225, left, and New York Dow indexes at a securities firm Thursday, Dec. 14, 2023, in Tokyo. Shares are mostly higher in Asia after a powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high as the Federal Reserve indicated that interest rate cuts are likely next year.(AP Photo/Eugene Hoshiko)(AP)
Published on Dec 19, 2023 01:23 PM IST
PTI |

Mexico tourist spike stalls after super peso boosts travel costs

The so-called super peso has made a trip to Latin America’s second-largest economy, Mexico, more expensive in dollars for international travellers

Mexico tourist spike stalls after super peso boosts travel costs (Pexels)
Published on Oct 11, 2023 11:25 AM IST
Bloomberg | | Posted by Zarafshan Shiraz

Treasury Secretary Janet Yellen announces an expected decline in USD

Janet Yellen has advised people to diversify their interests as USD is expected to decline. Read more below about the announcement and ways to prepare.

According to her, no existing currency can displace the greenbacks.
Published on Oct 08, 2023 08:36 PM IST
ByJahanvi Sharma

Hegemony of the US dollar and finding an alternative

This article is published by Mehdi Hussain, doctoral candidate, Centre for South Asian Studies, Jawaharlal Nehru University, New Delhi.

US dollar (Reuters)
Published on May 02, 2023 06:43 PM IST
ByHindustan Times

Cat brings cash to its human, netizens react. Watch

An adorable video shows a cat bringing some cash to its human parent. Watch what the human has to say.

Cat brings cash to its human.(Reddit/@Resident_Code3062)
Published on Apr 06, 2023 09:06 AM IST
ByVrinda Jain

The influence of US as a global leader is waning

There is no conclusive evidence, but the influence of the US as the leader internationally appears to be on the wane. Will China replace the US in that leadership position? Time and what transpires over the next decade or so — in the US, in China, and around the world — will shape that story.

Now the US dominance is threatened by China, the second largest economy in the world. What is undermining a US-dominated world order, however, is not just the rise of China and the Sino-Russian alliance, or the de-dollarisation drive, but also dwindling support for a US-led order domestically. (REUTERS)
Updated on Apr 04, 2023 07:30 PM IST

Pakistan central bank raises key interest rate 100bps to record 21%

Soaring prices have put pressure on household budgets and left many desperate, with at least 16 people killed in stampedes for food aid last week.

Burqa-clad women wait for free bread at a distribution point in Peshawar on April 3. (AFP)
Published on Apr 04, 2023 05:37 PM IST
Reuters | | Posted by Yagya Sharma

Adani Group's $2.5 billion share sale faces crucial day. Here's why

Bloomberg reported that a plunge in dollar bonds of Adani Group companies quickened on Monday after a rebuttal by the Indian conglomerate failed to ease concerns following Hindenburg Research's report.

Vehicles move past a signage near the entrance of Adani Corporate House in Ahmedabad,(AP)
Updated on Jan 30, 2023 09:35 AM IST
By | Written by Aniruddha Dhar, New Delhi

Rupee appreciates 15 paise to 82.47 against US dollar in early trade

Rupee vs Dollar Today: The dollar index, which measures how strong the dollar is relative to a basket of six different currencies, increased 0.03 percent to 105.07.

Representational Image
Updated on Jan 06, 2023 10:29 AM IST

Rupee ends 2022 as worst-performing Asian currency: Report

The rupee finished the year at 82.72 to the U.S. currency, down from 74.33 at the end of 2021, while the dollar index was headed for its biggest yearly gain since 2015.

The rupee was also a victim of a rally in oil prices sparked by the Russia-Ukraine conflict, which pushed India's current account deficit to a record high in the September quarter in absolute terms.
Published on Dec 30, 2022 07:55 PM IST
Reuters |

Rupee flat against US dollar in early trend, trades at 82.76 for 1 USD

Rupee vs Dollar today: Traders said the domestic unit is in a narrow range because muted domestic equities, as well as sustained foreign fund outflows, capped the appreciation bias.

Representative Image
Published on Dec 29, 2022 10:54 AM IST
By, New Delhi

Rupee declines 9 paise to 82.74 against US dollar in early trend

Rupee vs Dollar today: The weakening of Rupee is attributed to rising crude prices worrying investor's sentiment along with foreign fund outflows further coupling the trend

Rupee vs Dollar today: Rupee opened at 82,71.
Updated on Dec 27, 2022 12:24 PM IST

How is Rupee faring vs Dollar

Rupee maintains spot against US dollar in early trade. It traded flat against US dollar amid weak stocks, firm crude oil.

Rupee vs Dollar rate today.
Updated on Dec 30, 2022 08:52 PM IST
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