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Tag Archives: US dollar

New Zealand dollar plunges below US75c against US dollar

NEW YORK: The New Zealand dollar slipped below US75c versus the US dollar for the first time since November 2011 after the European Central Bank declared it will inject more than 1 trillion euro into eurozone economy in a bid to stave off deflation and jump-start economic growth. The kiwi dipped to US74.81c against the US dollar — which strengthened ... Read More »

Indian rupee strengthens by 7 paisa to 61.56 against US dollar in morning

MUMBAI: Expanding increases for the 6th straight day, the rupee got stronger by 7 paisa to 61.56 against the US dollar in early morning at the Interbank Foreign Exchange amid continued overseas capital inflows. Traders said apart from continued selling of the American currency by exporters, a record opening in the domestic equity markets and sustained inflows of foreign funds ... Read More »

Indian rupee strengthens by 7 paisa to 61.56 against US dollar in morning

MUMBAI: Expanding increases for the 6th straight day, the rupee got stronger by 7 paisa to 61.56 against the US dollar in early morning at the Interbank Foreign Exchange amid continued overseas capital inflows. Traders said apart from continued selling of the American currency by exporters, a record opening in the domestic equity markets and sustained inflows of foreign funds ... Read More »

UK stocks close higher, FTSE 100 climbs 0.54%

LONDON: UK stocks closed higher on Monday, as surges in the Construction and Materials, Automobiles & Parts and Technology Hardware & Equipment zone provided the momentum. At the close in London, the FTSE 100 rose 0.54%. The best performers of the session on the FTSE 100 were Dixons Carphone (LONDON:DC), which rose 4.44% or 19.00 points to trade at 446.50 at ... Read More »

US dollar plunges to 177 yen as China stocks drop

TOKYO: The US dollar plunged to 177 yen range in Tokyo on Monday as China stocks dropped and new geopolitical concerns over Ukraine soared. At 5 p.m., the dollar fetched 117.16-18 yen compared with 117.62-72 yen in New York and 116.54-55 yen in Tokyo at 5 p.m. Friday. It moved between 116.93 yen and 117.66 yen during the day, changing ... Read More »

At 2-month high of 61.58: Indian rupee strengthens by 29 paisa against US dollar

MUMBAI: Enlarging surges for the third straight session, the rupee gained by 29 paisa to trade at almost 2-month high of 61.58 versus the dollar in early trade today at the Interbank Foreign Exchange on nonstop selling of the US dollar by exporters and banks. Forex dealers said besides increased selling of the American currency by exporters and banks, a ... Read More »

South Korean won advances against US dollar

SEOUL: The South Korean won up against the U.S. dollar on Friday, tracking a expand in the Japanese yen as Switzerland’s surprising decision to scrap its currency’s cap increased demand for safer property. The local currency was changing hands at 1,076.80 per dollar as of 1:54 p.m., up 6.4 won from the previous session’s close. On Thursday, the Swiss National ... Read More »

Indian rupee strengthen by 4 paisa to 62.10 vs US dollar

MUMBAI: Indian rupee strengthened by four paisa to 62.10 versus US dollar in early trading on Wednesday at the Interbank Foreign Exchange market, enlarged its rising march for the sixth day on continued selling of the US dollar by exporters among new overseas capital inflows. Besides, the dollar’s weakness against other currencies overseas and a higher opening in the domestic ... Read More »

Aussie dollar gains $0.8231, NZ rises $0.7865

SYDNEY: The Australian and New Zealand dollars recovered further ground on Monday on politeness of a largely weaker US complement and hopes the European Central Bank will soon be required to take bold stimulus measures. The Australian dollar climbed to $0.8231, building on gains made late last week when investors sold the US dollar across the board on the back ... Read More »

Australian dollar drifts higher as greenback falls

SYDNEY: The Australian dollar has drifted higher as unacceptable remarks from the US central bank knocked the wind out of the greenback’s sails. At 0700 AEDT on Thursday, the local currency was trading at 80.78 US cents, up from 80.73 cents on Wednesday. The Australian dollar came under pressure against a surging US dollar on Wednesday, falling to a fresh ... Read More »

Indian rupee strengthens by 10 paisa against greenback in early trade

MUMBAI: The rupee surged by 10 paisa to 63.47 versus the Greenback in early trade on Wednesday at the Interbank Foreign Exchange market on new selling of the US dollar by exporters. Forex dealers said besides selling of the American unit by exporters and banks, a higher opening in the domestic equity market supported the rupee but the dollar’s strength ... Read More »

Indian rupee slides by 8 paisa against US dollar

LONDON: The rupee staged slightly revival but was still trading weaker by 8 paisa to 63.37 against the US dollar in late morning trade on new dollar demand from banks and importers on the back of higher greenback in the world market. The rupee resumed lower at 63.43 per dollar as against the last weekend’s level of 63.29 at the ... Read More »

Asian stocks mixed, Tokyo stocks slip 0.68pc, Hong Kong sheds 0.70%

HONG KONG: Asian stocks were mixed on Monday while the first full week of 2015 got under way, as the euro plunges a nine-year low versus the US dollar at one point on rising hopes of new European Central Bank stimulus. Oil extended its losses to sit at five-and-a-half-year lows due to signs of further weakening in the eurozone economy, ... Read More »

South Africa’s rand weakens against US dollar, tracks weaker euro

JOHANNESBURG: South Africa’s currency (rand) slipped to a two week low against the US dollar on Friday, tracking a weaker euro which stumbled after the European Central Bank said it will soon embark on outright money printing. South Africa’s currency traded at 11.7090/dollar, about 1.29 percent weaker than its close in New York on Wednesday. Domestic markets were closed on ... Read More »

Euro starts New Year at 29 months lows in Asia

SYDNEY: The euro started the New Year at 29 month lows in Asia after the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the US dollar’s rate advantage. The latest lurch lower came after ECB head Mario Draghi said the central bank stood ready to respond to the risk of ... Read More »

Indian rupee dips 14 paisa to 63.49 vs dollar in early trade

MUMBAI: The Indian rupee dropped 14 paisa to 63.49 a dollar in early trade at Interbank Foreign Exchange market today while the US dollar reinforce over the world. Dealers said besides dollar’s gains against other currencies overseas, increased demand for the American unit from importers also put pressure on the rupee. However, the rupee’s losses were capped as the domestic ... Read More »

US dollar climbs to highest level in more than 5yrs

HONG KONG: The dollar climbed to its highest stage in more than five years and US stock-index futures surged before the release of American factory data. Oil expanded with silver, while tin plunged. The Bloomberg Dollar Spot Index strengthened 0.3 per cent at 10.41am in Hong Kong. The yen retreated 0.5 per cent and the euro headed for its lowest ... Read More »

Rupee strengthens vs dollar, gains 30 paisas in open market to reach 100.65

KARACHI: The Pakistani rupee Thursday strengthened against dollar in open market, however it weakened in interbank. As per local currency market, the American currency got 10 paisas in interbank to reach 100.6 and shed 30 paisas to close at 100.65 in open market. Previous day, the US dollar gained 10 paisas in interbank to reach 100.5 and 20 paisas in open market ... Read More »

China‘s Yuan hits 7-month low against US dollar

BEIJING: China’s Yuan plunged to a seven-month low against US dollar today and almost touched its 2% daily trading edge for the first time, destroyed by increasingly bearish hopes towards the currency. As the US dollar strengthens globally and emerging market currencies suffer, the yuan has slumped in December, declining 1.3% so far this month. The yuan looks set to end ... Read More »

Rupee depreciates by 20 paisa to reach 100.95 as govt, PTI deadlock persists

KARACHI: The Pakistani rupee Tuesday weakened against US dollar both in interbank and open market as deadlock between the government and Pakistan Tehreek-e-Insaf still persists. As per local currency market, the US dollar gained 10 paisas in interbank to reach 100.5 and 20 paisas in open market to close at 100.95. On the first trading day, the greenback remained unchanged ... Read More »