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Tag Archives: US dollar

Indian rupee decline by 10 paisa to 62.26 against US dollar in early trade

MUMBAI: Indian rupee depreciated by 10 paisa to 62.26 against US dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the US currency overseas. Increased demand for the dollar from importers also put pressure on the rupee. Forex dealers attributed the rupee’s fall to the dollar’s gains against other currencies overseas but a higher opening ... Read More »

South Korean won climbs against US dollar

SEOUL: The South Korean won edged up against the dollar on Tuesday in a session characterized by cautious trade as investors curbed bets ahead of a long holiday break. The won was quoted at 1,101.8 to the dollar at the conclusion of onshore trade, compared to 1,102.4 at Monday’s close. South Korean shares edged higher, led by hefty gains in ... Read More »

US dollar edges up against yen in Asian trade

LONDON: The dollar edged up against the yen in Asian trade Tuesday, driven by early afternoon selling of the Japanese currency that followed a smooth government bond auction. The dollar USDJPY, +0.02% were at ¥118.52 from ¥118.44 late Monday in North America. Earlier in the session, the greenback lost momentum against the yen, with stock market weakness prompting investors to ... Read More »

Euro weakens for 3rd day against US dollar

LONDONL: The euro weakened for a third day against the dollar as talks between Greece and its creditors in the region ended without an agreement. The common currency dropped to a one-week low versus the yen on Monday after Greece’s newly elected government said it couldn’t accept proposals for it to stick to the terms of the current bailout agreement. ... Read More »

Euro jumps against US dollar on Ukraine deal

TOKYO: The euro ticked up against the dollar Friday on news of a plan to end Ukraine’s 10-month war, hopes that Greece will hammer out a debt overhaul with its European creditors and weak US retail sales data. In Tokyo the euro bought $1.1427, up from 1.1406 in New York, while the greenback also was at 118.59 yen from 118.97 ... Read More »

South Korean won dips against US dollar over 1 month

SEOUL: The South Korean won traded at an over one-month low against the U.S. dollar Thursday, extending its loss for a second consecutive session as it closely tracked weakness in the Japanese yen. The local currency was quoted at 1,109.00 per dollar as of 1:26 p.m., down 11.3 won or 1.03 percent from the previous session’s close. The reading marks ... Read More »

US dollar hits month high against Japanese Yen

LONDON: The dollar hit a fresh one-month high versus the yen on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept the euro under a cloud. The dollar edged up 0.1 percent to 119.57 yen. As of 0533 GMT, its intraday high was 119.67 yen, the dollar’s strongest level since early January. ... Read More »

South Korean won declines against US dollar

SEOUL: The South Korean won fell against the dollar on Wednesday as a weaker yen raised the risk of intervention by financial authorities to keep in check the won’s strength relative to the Japanese currency. The won was quoted at 1,097.7 to the dollar at the conclusion of onshore trade, compared to 1,089.7 seen at the end of Tuesday’s session. ... Read More »

US dollar records 1 month high against yen

LONDON: The dollar hovered near a one-month high versus the yen on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept a cloud over the euro. The dollar inched up 0.1 percent to 119.51 yen, staying near Tuesday’s peak of 119.62 yen, which was the dollar’s highest level since early January. Trade ... Read More »

US dollar tumbles against Yen, Euro

LONDON: The dollar fell against the yen and the euro, as investors cut back on some of their largest bets, including those for a stronger U.S. currency, on concerns about Greece’s future in the eurozone and tensions in Ukraine. The dollar fell 0.4% against the Japanese currency to ¥118.63 in late-afternoon New York trading. The euro climbed 0.1% to $1.1327, ... Read More »

Indian rupee starts at 62.15 against US dollar

MUMBAI: The rupee today opened at 62.15 as against the US dollar. On Monday, the Indian currency closed at 62.17 a dollar. At 9.05am, the rupee was trading at 62.11, up 0.1%. The rupee has gained 1.51% since the beginning of the year 2015. FPIs (foreign portfolio investors) sold shares worth Rs 96.45 crore on last Friday. The Ministry of ... Read More »

US dollar declines against Japanese Yen in Asian trade

LONDON: The dollar was flat against the yen in Asia trade Monday, with profit taking kicking in to erase some of the greenback’s weekend gains after upbeat U.S. jobs data. Around 0450 GMT, the dollar was down to Y118.85 compared with Y118.83 late Friday in New York. Earlier in Asia trade, the dollar was tracking its weekend strength and was ... Read More »

US dollar declines against Japanese Yen in Asian trade

LONDON: The dollar was flat against the yen in Asia trade Monday, with profit taking kicking in to erase some of the greenback’s weekend gains after upbeat U.S. jobs data. Around 0450 GMT, the dollar was down to Y118.85 compared with Y118.83 late Friday in New York. Earlier in Asia trade, the dollar was tracking its weekend strength and was ... Read More »

South Korean won stronger against US dollar at end

SEOUL: The South Korean won closed a tick higher against the dollar on Friday, underpinned by a $1.1 billion block deal of Hyundai Glovis shares which boosted demand for the local currency by offshore funds. The local currency was quoted at 1,089.7 to the dollar at the conclusion of onshore trade, compared with 1,090.5 at Thursday’s close. Read More »

China‘s Yuan strengthen against US dollar

HONG KONG: China’s Yuan rose against the dollar on Friday, as the central bank set its strongest midpoint in two weeks to reflect the dollar’s dip in global markets against major currencies after its recent strong advances. The People’s Bank of China set the midpoint rate at 6.1261 per dollar prior to market open, firmer than the previous fix 6.1366. ... Read More »

Indian rupee increases 6 paisa to 61.67 against US dollar at start

MUMBAI: The rupee gained six paisa to 61.67 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters. Besides, strengthening of the dollar against major currencies overseas and a higher opening in domestic equity markets supported the rupee. The rupee had recovered by two paisa to end at ... Read More »

NZ dollar trade positive in Asian trade against US dollar, Yen

NEW YORK: The New Zealand dollar continued to trade in positive territory against the U.S. dollar and the yen in Asia on Friday. The kiwi, which finished yesterday’s deals at 86.85 against the yen, advanced to 87.20. The kiwi hit a 2-day high of 0.7433 against the greenback, up from an early low of 0.7384. The next likely resistance for ... Read More »

Australian stocks close higher as gold gains, S&P soars 0.58%

SYDNEY: Australia stocks were higher after the close on Thursday, as gains in the Gold, Australian Real Estate Investment Trust and Financials sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.58% to hit a new 3-year high. The best performers of the session on the S&P/ASX 200 were Flexigroup Ltd (ASX:FXL), which rose 14.80% or ... Read More »

China‘s Yuan climbs to 1week high against US dollar

HONG KONG: China’s Yuan climbed to one-week high against the dollar on Wednesday after the US dollar faced its biggest one-day tumble in over a year against a basket of major currencies. The People’s Bank of China set the midpoint rate at 6.1318 per dollar prior to market open, firmer than the previous fix 6.1369. It was the strongest level ... Read More »

Indian rupee strengthens by 11 paisa to 61.56 against US dollar in early trade

MUMBAI: The rupee strengthened by 11 paisa to 61.56 against the US dollar in early trade at the Interbank Foreign Exchange today amid sustained overseas capital inflows. Besides, a higher opening in the domestic equity market helped the rupee but the dollar’s gain against other currencies overseas capped the rise, forex dealers said. Increased selling of the American currency by ... Read More »