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Tuesday, November 30, 2021

US dollar


Turkish lira continues to slide after interest rate cut

October 22, 2021 8:17 pm

The lira dropped to an all-time low of 9.66 against the dollar early Friday before settling at around 9.61 against the U.S. currency. The lira has lost more than 20% of its value since the start of the year.

Rupee slumps 17 paise to 75.16 against US dollar in early trade

October 11, 2021 12:00 pm

At the interbank foreign exchange, the rupee opened on a weak note at 75.11, then fell further to 75.16, registering a decline of 17 paise from the last close.

Reserve Bank of India is the top dollar buyer among its Asian peers

August 20, 2020 1:39 pm

The RBI purchased $30 billion of foreign exchange in the four months to July to bolster what is already the world’s fifth-largest FX hoard

Explained: How a dollar swap line with US Fed can help in uncertain times

April 14, 2020 7:18 pm

India already has a $75 billion bilateral currency swap line with Japan, which has the second highest dollar reserves after China.

Rupee recovers 34 paise to 74.78 against US dollar in early trade

March 20, 2020 11:18 am

The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.65 per cent to 102.08, helping the rupee trade higher.

Rupee takes a hammering as crude prices surge after airstrike by US

January 04, 2020 7:11 am

Intra-day, Brent crude surged 4.5 per cent to $69.23 per barrel and WTI increased 4.1 per cent to $63.71 per barrel, after worries over an escalation in tension hit the sentiment.

Explained | Dollar domination: Why global markets depend on the US currency

November 14, 2019 3:04 pm

A Fed research paper estimated in 2017 that as much as 70% of all dollars are held outside the United States and 60% of all $100 bills circulated overseas.

Rupee slips 19 paise to 69.45 vs USD in early trade ahead of RBI policy outcome

June 06, 2019 10:29 am

Forex traders said that foreign fund outflows and rising crude oil prices also kept pressure on the Indian rupee. The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy decision later in the day.

Rupee slips 13 paise to 70.07 vs USD in early trade

May 10, 2019 12:50 pm

Forex traders said, rising crude oil prices and strengthening of the US dollar against some major rival currencies overseas also pulled down the local unit.

Dollar hovers near 6-week low vs yen as US-China trade talks awaited

May 09, 2019 7:12 am

Markets were nervously awaiting the start of two-day trade talks in Washington later in the global day to see if Chinese negotiators can convince the White House to back down on a threatened tariff hike Friday.