Page 26 - Us Dollar

Rupee falls 4 paise to end at 74.23 as stronger dollar weighs on sentiment

At the interbank foreign exchange market, the rupee opened at 74.26 per dollar as against its previous close of 74.19.

Gold prices inch lower on firm dollar, US Federal Reserve hawkish stance

Gold prices eased on Tuesday, as a firmer dollar made bullion expensive for holders of other currencies

Rupee inches 1 paisa higher to close at 74.19 against US dollar

At the interbank foreign exchange market, the rupee opened at 74.24 per dollar as against its previous close of 74.20.

Rupee declines 6 paise to 74.26 against US dollar in early trade

The Indian rupee slumped 6 paise to 74.26 against the US dollar in opening trade on Monday as firm crude oil prices weighed on investor sentiment.

Gold hits 1-week low on dollar bounce, mixed signals from Fed officials

Gold prices slipped to a one-week low on Monday, weighed down by a bounce in the dollar and mixed signals from the US Federal Reserve

Gold ticks up on weaker dollar, tamer than expected inflation data

Gold prices inched higher on Monday, as the dollar eased and tamer-than-expected US inflation data allayed fears of an early monetary policy tightening by the Federal Reserve

Dollar off to firm start as US price data fail to quell inflation worries

The dollar's index against six other major currencies was steady at 91.793, having recovered from Friday's low of 91.524 hit in the wake of the inflation readings

Forex reserves decline $4 bn to $603.93 bn on slide in gold assets

This comes amid a fall in gold and currency assets

Rupee opens on flat note, inches 4 paise higher to 74.14 against dollar

The Indian rupee started on a flat note this Friday against the greenback and inched 4 paise higher to 74.14 against the US dollar in early trade tracking a muted trend in the domestic equity market. At the interbank foreign exchange, the domestic unit opened at 74.15 against the dollar, then inched higher to 74.14, registering a gain of 4 paise over its previous close. The local unit also witnessed a low of 74.19 in initial deals. On Thursday, the rupee had settled at 74.18 against the US dollar. Global oil benchmark Brent crude futures rose 0.16 per cent to USD 75.68 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent down at 91.76. Asian currencies have started flat to marginally stronger against the greenback this Friday morning and could cap weakness, however, firm crude oil prices could cap appreciation bias, Reliance Securities said in a research note. Meanwhile, the Reserve Bank of In

Rupee gains for 2nd straight day; settles 9 paise higher at 74.18/USD

At the interbank forex market, the rupee opened at 74.20, and hit an intra-day high of 74.16 and a low of 74.25.

Gold prices on back foot as dollar firms; traders await US Fed data

Spot gold was down 0.2% at $1,774.96 per ounce, as of 0251 GMT. US gold futures fell 0.4% to $1,776.10.

US stocks mixed as Nasdaq hovers near record, dollar turns higher

WASHINGTON/LONDON (Reuters) -U.S. stocks were mixed on Wednesday after reassurances from U.S. Federal Reserve Chair Jerome Powell that the Fed is not rushing to raise interest rates, while European stocks remained under pressure.

Rupee snaps 2-day losing streak, closes up by 10 paise at 74.27 vs USD

This follows weakness in the American currency in the overseas market.

Dollar in retreat as Powell says Fed won't raise rates on fear of inflation

The US dollar remained on the back foot against major peers on Wednesday after a two-day drop as US Fed officials including Chair Powell reaffirmed that tighter monetary policy was still some way off

Rupee falls for second day, settles 27 paise down at 74.37 against USD

This marks the second straight day of losses following a stronger dollar overseas.

Dollar pauses ahead of Fed testimony, cryptocurrencies attempt recovery

The Australian and New Zealand dollars eased after Monday's bounce from multi-month lows

Rupee falls 34 paise to 74.20 against US dollar in early trade

The Indian rupee slumped 34 paise to 74.20 against the US dollar in opening trade on Monday tracking the strengthening of the American currency and a muted trend in domestic equities

Dollar holds near multi-month high after US Federal Reserve's hawkish tilt

The dollar held near multi-month peaks against other major currencies on Monday, after the US Federal Reserve surprised markets last week by signalling it would raise interest rates

The mistake crypto crowd makes: it doesn't understand monetary economics

Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.

Forex has helped avert a currency run, but continuous inflow has its risks

At a time when India is facing stagflation, its forex reserves have helped avert a currency crisis, but there are unintended consequences of accumulating forex. Manojit Saha explains the risks