The Fed announced on Wednesday a $15 billion monthly cut to its $120 billion in monthly purchases of Treasuries and mortgage-backed securities
The dollar index traded unchanged on the day at 94.11, close to its 2021 peak of 94.563 hit last month
Taliban has banned the use of foreign currencies in Afghanistan, a move that could weigh on an economy struggling with a cash crunch.
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.06 per cent to 93.94
Shares of Evergrande rose more than 1% in early trading on Friday, versus a 0.4% decline in the Hang Seng Index.
The dollar held losses to the euro and British pound late on Thursday
The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.10 per cent to 93.89
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent up at 93.97
The rupee snapped its two-session losing streak to settle 12 paise higher at 74.96 (provisional) against the US dollar on Tuesday, tracking a positive trend in domestic equities. At the interbank forex market, the local unit opened at 75.05 against the greenback and witnessed an intra-day high of 74.95 and a low of 75.17 during the day trade. It finally ended at 74.96 against the American currency. On Monday, the rupee had declined by 18 paise to close at 75.08 against the US currency. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.01 per cent to 93.80. On the domestic equity market front, the BSE Sensex ended 383.21 points or 0.63 per cent higher at 61,350.26, while the broader NSE Nifty advanced 143 points or 0.79 per cent to close at 18,268.40. Brent crude futures, the global oil benchmark, fell 0.40 per cent to USD 85.65 per barrel. Foreign institutional investors were net sellers in the capital market on Monday as they offl
The rupee ended 18 paise lower at 75.08 (provisional) against the US currency on Monday due to a spike in crude oil prices and a stronger greenback against key rivals overseas. At the interbank forex market, the local unit opened on a weak note at 74.98 and witnessed an intra-day high of 74.97 and a low of 75.10 against the American currency during day trade. The local unit finally ended at 75.08, down 18 paise over its previous close. On Friday, the rupee had settled at 74.90 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent higher at 93.76. Brent crude futures, the global oil benchmark, rose 0.56 per cent to USD 86.01 per barrel. On the domestic equity market front, the BSE Sensex surged 145.43 points or 0.24 per cent to end at 60,967.05 while the broader NSE Nifty advanced 10.50 points or 0.06 per cent to settle at 18,125.40. Meanwhile, foreign institutional investors were net
On the day, MSCI's broadest gauge of global shares was flat, and the S&P 500 and Nasdaq ended lower
The dollar index edged 0.1per cent lower to 93.61, putting it on track for a second straight week of falls.
MSCI's broadest gauge of global shares was up 0.1%, 1.4% higher on the week and just 0.8% off its all-time high
A surging American currency in the overseas market and losses in the domestic equity markets put some pressure on the rupee, forex dealers said.
The Brent crude benchmark rose 34 cents to $84.67 a barrel
The rupee ended 9 paise lower at 75.35 (provisional) against the US dollar on Monday, tracking stronger greenback against key rivals overseas and rising global crude oil prices. At the interbank forex market, the local unit opened on a steady note and later traded in a narrow range of 75.24 to 75.38 against the American currency. On Thursday, the rupee had settled at 75.26 against the US dollar. The forex market was closed on Friday for Dussehra' holiday. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.19 per cent at 94.12. Brent crude futures, the global oil benchmark, rose 1.11 per cent to USD 85.80 per barrel. On the domestic equity market front, the BSE Sensex surged 459.59 points or 0.75 per cent to end at 61,765.59; while the broader NSE Nifty jumped 138.50 points or 0.76 per cent to settle at 18,477.05. Foreign institutional investors remained net buyers in the capital market on Thursday, as they purchased sha
The dollar made a wobbly start to the week on Monday with the kiwi and sterling edging higher after a red-hot inflation readout in New Zealand and hawkish remarks from Britain's central bank chief
Global stock markets have rallied this week as fears about a stagflationary economy have been eased by forecast-beating corporate earnings in the United States.
The dollar index, which measures the currency against six rivals, was about flat at 94.016, after dropping 0.53% on Wednesday, the most since Aug. 23.
The Fed will release the minutes from its meeting last month later on Wednesday, potentially providing a catalyst for more strength in the dollar