Page 14 - Us Dollar

China's yuan eases against US dollar, dragged by narrowing yield advantage

China's yuan eased against the dollar on its first trading day of 2022, after posting full-year gains for two straight years

Dollar hits one-month high vs yen as Fed rate bets lift US yields

The US dollar reached its strongest level in more than a month against the Japanese yen on Tuesday

Dollar celebrates 2022 with gains amid positive new year mood

But with London, Europe's main FX trading centre closed for a market holiday, volume was expected to remain limited

Rupee settles 3 paise up at 74.26/USD in first trading session of 2022

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.11 per cent to 95.77

Rupee starts 2022 on muted note, falls 14 paise to 74.43 against US Dollar

The rupee started the year 2022 on a muted note as it slipped 14 paise to 74.43 against the US dollar in opening trade on Monday, tracking weak macroeconomic data. At the interbank foreign exchange, the rupee opened weak at 74.35, then fell further to 74.43 against the greenback, registering a decline of 14 paise from the last close. The local unit also touched an early high of 74.31 against the greenback in initial deals. The local unit on the last trading day of 2021 had settled at 74.29. The dollar index, which gauges the greenback's strength against a basket of six currencies, increased by 0.19 per cent to 96.85. On the domestic macroeconomic front, India's current account slipped into a deficit of USD 9.6 billion or 1.3 per cent of GDP in the September quarter, the Reserve Bank said on Friday. The current account, which records the value of exports and imports of both goods and services along with international transfers of capital, was in a surplus mode both in the quarter-a

Five things to look for in Asia stocks amid 2022 reversal hopes

The case for a rebound should be aided by lower valuations after the MSCI Asia Pacific Index underperformed its global counterpart by around 20 percentage points last year

Global stocks close near record highs ahead of New Year, dollar and oil dip

Equities around the globe traded little changed on Thursday as oil prices fell and the US dollar dipped against most major currencies

Forex reserves decrease by $587 million to $635.08 billion

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves

Rupee ends 2021 on positive note; settles 13 paise higher against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.04 per cent to 95.92

Rupee gains 12 paise to 74.30 against US dollar in early trade

The rupee appreciated by 12 paise to 74.30 against the US dollar in opening trade on Friday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.35 against the American dollar, then inched higher to 74.30, registering a rise of 12 paise from the last close. In the previous session, the rupee surged 29 paise to close at a more than one-month high of 74.42 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent higher at 96.01. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 446.07 points or 0.77 per cent higher at 58,240.39, while the broader NSE Nifty advanced 143.40 points or 0.83 per cent to 17,347.35. Global oil benchmark Brent crude futures fell 0.39 per cent to USD 79.22 per barrel. Foreign institutional investors were net sellers in the capital market on Thursday, as they offloaded shares worth Rs 986.32

Gold gains as US Treasury yields dip from one-month highs as dollar firm

Gold prices rose in thin trade on Thursday, giving up earlier losses as the US Treasury yields eased from one-month highs

Dollar ticks higher in thin trading on cautious economic optimism

New claims for U.S. unemployment benefits fell in the week leading up to Christmas and benefits rolls slid to their lowest level of the pandemic era the previous week, data showed

Spread of Omicron variant, dollar gains stall world stocks' rally

Sentiment was supported, however, by signs that governments are trying to limit the economic damage by relaxing rules on isolation

Indian Rupee jumps 29 paise to close at 74.42 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.26 per cent to 96.18

Gold prices oscillate around $1,800 mark; firm dollar weighs

Gold prices have fallen about 5% in 2021, the most since 2015, as economies recovered from the impact of the pandemic, reducing demand for safe-haven bullion

Rupee gains 15 paise to 74.56 against US dollar in early trade

The rupee appreciated by 15 paise to 74.56 against the US dollar in opening trade on Thursday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened strong at 74.56 against the American dollar, registering a rise of 15 paise from the last close. The rupee on Wednesday settled just one paisa lower at 74.71 against the US dollar. Positive moves in Indian equity indices aided sentiments, forex traders said, adding that trading is likely to remain range-bound this week ahead of the year-end holidays. However, firm crude oil prices contained the appreciation bias in the local unit, they added. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent higher at 95.99. Meanwhile, on the domestic equity market front, the 30-share Sensex was trading 152.31 points or 0.26 per cent higher at 57,958.80, while the broader NSE Nifty advanced 40.05 points or 0.23 per cent to 17,253.65. Global o

Dollar, yen soft in thin trading after US equities hit record highs

The dollar and yen were at the low end of their recent ranges in thin holiday trading

Rupee snaps 9-day winning streak, slips 3 paise against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.18 per cent to 96.37

Dollar lifted by safe-haven flows, Federal Reserve expectations

The dollar index, which measures the currency against six major rivals, was up 0.177% at 96.223.

Rupee jumps 34 paise to close session at 74.66 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.08 per cent to 96.02