Business Standard

Page 2 - Us Dollar

Crypto world stabilizes after rocky week shakes dollar-pegged stablecoins

Bitcoin, the largest cryptocurrency by market value, last rose 4.85% to $29,925, rebounding from a December 2020-low of $25,400 which it hit on Thursday

Crypto world stabilizes after rocky week shakes dollar-pegged stablecoins
Updated On : 14 May 2022 | 9:19 AM IST

Rupee rebounds from all-time low; rises 19 paise to 77.31 against US dollar

At the interbank foreign exchange, the rupee opened at 77.35 against the American dollar, then gained further ground to quote at 77.31, registering a rise of 19 paise from the last close

Rupee rebounds from all-time low; rises 19 paise to 77.31 against US dollar
Updated On : 13 May 2022 | 10:04 AM IST

Rupee at all-time low of 77.5 as high inflation triggers rate hike fears

The rupee plunged by 25 paise to close at its lifetime low of 77.50 as the dollar touched a fresh two-decade high amid global risk-averse sentiment and a higher-than-expected US inflation

Rupee at all-time low of 77.5 as high inflation triggers rate hike fears
Updated On : 12 May 2022 | 7:47 PM IST

World stocks in a tailspin, dollar soars as hard landing fears grow

LONDON (Reuters) - Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears grew that fast-rising inflation will drive a sharp rise in interest rates that brings the global economy to a standstill.

World stocks in a tailspin, dollar soars as hard landing fears grow
Updated On : 12 May 2022 | 4:29 PM IST

Dollar hits two-decade high, rattled investors plump for safe haven

LONDON (Reuters) - The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into the safe-haven currency.

Dollar hits two-decade high, rattled investors plump for safe haven
Updated On : 12 May 2022 | 4:27 PM IST

Gold prices inch lower as Dollar rally appeal dims post US inflation data

Spot gold fell 0.2% to $1,848.15 per ounce by 0959 GMT. U.S. gold futures were down 0.2% at $1,849.20.

Gold prices inch lower as Dollar rally appeal dims post US inflation data
Updated On : 12 May 2022 | 4:18 PM IST

Dollar hovers near two-decade high of 103.92 as US inflation moderates

The consumer price index climbed 8.3% on an annual basis in April, easing from 8.5% in March but outstripping the 8.1% estimate of economists

Dollar hovers near two-decade high of 103.92 as US inflation moderates
Updated On : 12 May 2022 | 9:48 AM IST

Collapsed stablecoin TerraUSD announces recovery plan, seeks outside funds

Stablecoins are digital tokens pegged to the value of traditional assets, such as the US dollar.

Collapsed stablecoin TerraUSD announces recovery plan, seeks outside funds
Updated On : 11 May 2022 | 5:42 PM IST

Gold recovers as dollar, bond yields dip; US inflation data in focus

(Reuters) - Gold prices clawed back from a three-month low on Wednesday as the dollar and Treasury yields weakened, ahead of key U.S. monthly inflation data that could influence the Federal Reserve's monetary policy stance and impact demand for bullion.

Gold recovers as dollar, bond yields dip; US inflation data in focus
Updated On : 11 May 2022 | 4:18 PM IST

Rupee appreciates 17 paise to 77.17 against US dollar in early trade

The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels

Rupee appreciates 17 paise to 77.17 against US dollar in early trade
Updated On : 11 May 2022 | 10:41 AM IST

Dollar hovers near two-decade high ahead of Fed's inflation gauge

The dollar index, which measures the currency versus six rivals, was around flat at 103.92

Dollar hovers near two-decade high ahead of Fed's inflation gauge
Updated On : 11 May 2022 | 9:26 AM IST

Gold prices retreat as dollar resumes uptick; US inflation data eyed

Spot gold was down 0.4% at $1,845.89 per ounce by 12:50 p.m. EDT (1650 GMT), after rising as much as 0.6% earlier in the session

Gold prices retreat as dollar resumes uptick; US inflation data eyed
Updated On : 10 May 2022 | 11:18 PM IST

US dollar touches 20-year high as markets shun risk over US Fed rate hike

The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation

US dollar touches 20-year high as markets shun risk over US Fed rate hike
Updated On : 10 May 2022 | 9:48 AM IST

Rupee reaches all-time low of 77.42 per dollar amid rising crude oil prices

The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high

Rupee reaches all-time low of 77.42 per dollar amid rising crude oil prices
Updated On : 09 May 2022 | 10:38 AM IST

Exporters optimistic despite global slowdown prospects

They expect better market access in countries with whom new free trade agreements have been negotiated recently

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Updated On : 09 May 2022 | 1:03 AM IST

Rupee hits all-time low; foreign exchange reserves below $600 billion

Double-digit BoP deficit seen in FY23, says Standard Chartered

Rupee hits all-time low; foreign exchange reserves below $600 billion
Updated On : 07 May 2022 | 12:36 AM IST

Firmer dollar, treasury yields weigh on gold; investors await US jobs data

The dollar was headed for a fifth winning week versus major peers as benchmark U.S. Treasury yields resumed climb having hit their highest since November 2018 in the previous session

Firmer dollar, treasury yields weigh on gold; investors await US jobs data
Updated On : 06 May 2022 | 11:01 AM IST

Oil steadies near $110/bbl; strong US dollar offsets supply worry

Wall Street stocks tumbled as investors shed risky investments, worried the Fed might hike rates more this year to tame inflation

Oil steadies near $110/bbl; strong US dollar offsets supply worry
Updated On : 06 May 2022 | 7:11 AM IST

Rupee surges 29 paise to 76.11 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 102.55.

Rupee surges 29 paise to 76.11 against US dollar in early trade
Updated On : 05 May 2022 | 10:17 AM IST

US Dollar just off 20-year highs, rally hinges on Fed signals

Money markets are betting the Fed will raise rates as high as 3.6% by end-2023 to tame inflation at 40-year highs.

US Dollar just off 20-year highs, rally hinges on Fed signals
Updated On : 04 May 2022 | 2:33 PM IST