US DOLLAR STRENGTH
Forex reserves record biggest weekly drop as RBI moves to support rupee At $17.8 billion, the reserves fell the most in the week ended November 15, eclipsing the $15 billion retreat in the week of October 24, 2008, when the subprime sinkhole had swallowed global financial assets - and emerging market currencies - in the...
23 Nov, 2024, 07.46 AM ISTIndian Rupee ends stronger vs US dollar amid selling pressure The rupee touched an intraday record low of 84.507 to a dollar, but ended stronger at 84.445/$1, despite the US dollar index strengthening to a two-year high, as the Reserve Bank of India (RBI) likely sold the greenback to cap further depreciation i...
22 Nov, 2024, 08.42 PM ISTRupee closes stronger, RBI intervention blunts impact of surging dollar Analysts reckon that the President-elect's policies could reignite inflation in the U.S. and temper future rate cuts by the Federal Reserve
22 Nov, 2024, 03.57 PM IST
Rupee trades in narrow range against US dollar in early trade The Indian rupee opened relatively flat against the US dollar despite support from positive domestic equities. Geopolitical concerns, strong US dollar performance, and continued foreign portfolio outflows weighed on the rupee. The rupee reached an a...
22 Nov, 2024, 10.45 AM ISTEMs to grapple with dollar surge and debt challenges in 2025: Taimur Baig ?Going into 2025, those who are looking to do debt refinance or debt raising, both interest rates and the exchange rate angle would be more challenging, I think there is no question about it.
22 Nov, 2024, 10.19 AM ISTRupee weakens to record low pressured by foreign portfolio outflows The Indian rupee plummeted to a historic low against the US dollar due to a mass exodus of foreign investments from the Indian stock market. This decline was fueled by a steep drop in Adani group shares following allegations of a bribery scheme and ...
21 Nov, 2024, 03.53 PM ISTGold down, Bitcoin up! How Trump¡¯s victory changed financial market dynamics Gold prices have dropped nearly 5% while Bitcoin surged 30% following the recent U.S. election. This market shift is attributed to expectations of Republican policies potentially driving economic growth and inflation. While gold's decline is linked ...
20 Nov, 2024, 02.26 PM ISTRupee rises 2 paise to 84.40 against US dollar in early trade The Indian rupee saw a slight rise against the US dollar, reaching 84.40 in early trade due to recovering domestic equity markets and a weaker dollar. However, significant foreign fund outflows and rising crude oil prices limited the rupee's gains.
19 Nov, 2024, 10.04 AM ISTRupee rises 8 paise to 84.38 against US dollar in early trade The Indian rupee saw a slight recovery against the US dollar, appreciating to 84.38 despite a strong dollar and foreign fund outflow. Lower crude oil prices aided the rupee's rise, while rising inflation and a surge in US Treasury yields posed chall...
18 Nov, 2024, 09.44 AM ISTF&O Talk | Nifty eyes strong support at 21,200-21,300, monthly 20 EMA breach likely: Rahul Ghose of Hedged.in The markets are facing volatility due to global factors like Trump's re-election, rising US dollar, and FII outflows, compounded by domestic challenges such as inflation and disappointing earnings. While sectors like IT and defense remain strong, th...
17 Nov, 2024, 09.36 AM ISTGold prices dip 6% amid stronger Dollar and US inflation concerns Gold prices have plummeted by 6% since Diwali, dropping to Rs75,920 per 10 grams due to a surging US dollar and higher-than-expected US inflation data. This has raised concerns about potential pauses in Federal Reserve rate cuts, further impacting g...
16 Nov, 2024, 02.05 PM ISTGold will eventually get its shine back, but now it¡¯s all about dollar: Jonathan Barratt The US dollar is gaining strength. This is impacting commodity prices. Gold and oil prices are expected to fall. The US dollar index is at a crucial level. If it crosses this level, the dollar will strengthen further. Oil production in the US is als...
14 Nov, 2024, 11.48 AM ISTGold logs biggest weekly fall in over five months on dollar strength Gold prices experienced their sharpest weekly decline in over five months, driven down by a stronger dollar and market reactions to Donald Trump's election victory. Trump's win raised questions about the pace of future U.S. interest rate cuts, impac...
09 Nov, 2024, 09.40 AM IST84.50 would be the key level to watch out for Rupee vis-a-vis dollar: Naveen Mathur The Indian rupee is depreciating against the US dollar. The dollar index is strengthening. Experts believe the rupee may depreciate to 84.50 against the US dollar. The Reserve Bank of India may intervene if the rupee depreciates beyond this level. A...
08 Nov, 2024, 08.01 AM ISTTrump¡¯s victory fuels market rally; trading volumes, investor activity surge Donald Trump's election victory sparked a financial market rally on November 7, driving stock indices, bond yields, and the U.S. dollar to new highs. Trading volumes surged, particularly for Tesla and small-cap stocks, as investors reacted to expect...
07 Nov, 2024, 04.38 PM ISTTrump's US election win prompts calls for Indian firms to be cautious on forex risks The Indian rupee's period of low volatility is at risk with Donald Trump's potential return to the U.S. presidency. The rupee has already plummeted to record lows against the U.S. dollar, prompting experts to advise companies to proactively manage t...
07 Nov, 2024, 01.05 PM ISTBonds sell off as traders reprice Fed rate cuts Shares in Japan rose, helped along by a weaker yen, while equities in Australia and South Korea fell. US futures were flat after the S&P 500 retreated from an intraday record Thursday to end the session little changed.
18 Oct, 2024, 06.45 AM ISTDollar strength on hot US jobs & CPI gives RBI reason to let Rs 84 give way The Reserve Bank of India allowed the Rupee to weaken beyond the 84 mark, influenced by significant global fund outflows and shifting valuations. While the RBI aims to maintain the competitiveness of the Rupee and control volatility, it is showing m...
14 Oct, 2024, 02.23 PM ISTAsia shares fall, oil set for weekly gains on Mideast risks Asian stocks fell on Friday due to rising tensions in the Middle East, while oil prices saw their biggest weekly gain in over a year. U.S. President Biden said the U.S. is discussing strikes on Iran's oil facilities. Markets are also anticipating th...
04 Oct, 2024, 08.09 AM ISTGold flat as dollar holds firm; investors seek more US data Gold prices remained steady on Wednesday due to a firm dollar, with market attention on imminent U.S. economic data for clues about potential interest rate cuts later in the year. Geopolitical tensions and fluctuating job market data also influenced...
02 Oct, 2024, 09.37 AM IST