Tag: Dollar

Rupee slumps 11 paise to 85.75 against dollar in early trade

Uptrend in dollar index and US 10-year bond yields weigh on rupeeThe rupee dropped 11 paise to 85.75 against the US dollar in early trade on...

Gold climbs as dollar eases, investors eye key inflation data

Gold prices rebounded on Wednesday from a more than one-week low hit in the last session, supported by a softer dollar, even as easing...

Indian rupee faces resistance on dollar buying by state-run banks

The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar's struggles a day ahead of the Federal Reserve's highly...

Wall Street stocks dip, dollar rebounds as Fed readies rate cuts

Stocks fell and the dollar gained on Thursday after Federal Reserve minutes signaled US interest rate cuts were set to begin but US business...

Dollar eases with Fed rate cuts back in view

The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected U.S. retail sales data, as traders focused on the...

GCC bank US dollar debt issuance to increase strongly in 2024-2025

Gulf Cooperation Council (GCC) banks’ US dollar debt issuance completed its strongest quarter ever in the first quarter of 2024, with issuance already exceeding...

Japanese yen hits 34-year low against dollar

The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike...

Iraq bans 8 local banks from US dollar transactions

Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses...

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