BR100 Increased By (0.34%)
BR30 Increased By (0.13%)
KSE100 Increased By (0.17%)
KSE30 Increased By (0.02%)
BECO 5.86 Decreased By ▼ -0.17 (-2.82%)
BML 57.66 Increased By ▲ 4.91 (9.31%)
BOP 33.99 Decreased By ▼ -0.26 (-0.76%)
CNERGY 8.18 Increased By ▲ 0.02 (0.25%)
DCL 11.80 Decreased By ▼ -0.54 (-4.38%)
FCCL 53.87 Decreased By ▼ -0.02 (-0.04%)
FCSC 5.34 Increased By ▲ 0.12 (2.3%)
FFL 17.93 Decreased By ▼ -0.10 (-0.55%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.28 Increased By ▲ 0.28 (2.55%)
KEL 8.12 Increased By ▲ 0.01 (0.12%)
KOSM 5.46 Increased By ▲ 0.08 (1.49%)
MLCF 88.40 Increased By ▲ 0.35 (0.4%)
NBP 185.49 Decreased By ▼ -0.99 (-0.53%)
PACE 11.51 Increased By ▲ 0.79 (7.37%)
PAEL 40.60 Increased By ▲ 0.66 (1.65%)
PIAHCLA 26.25 Increased By ▲ 0.08 (0.31%)
PIBTL 17.31 Decreased By ▼ -0.01 (-0.06%)
PPL 232.39 Decreased By ▼ -0.39 (-0.17%)
PRL 34.73 Decreased By ▼ -0.22 (-0.63%)
PTC 67.33 Decreased By ▼ -0.23 (-0.34%)
SEARL 91.77 Increased By ▲ 0.84 (0.92%)
SSGC 27.07 Decreased By ▼ -0.10 (-0.37%)
TELE 8.58 Increased By ▲ 0.01 (0.12%)
THCCL 64.66 Increased By ▲ 4.53 (7.53%)
TPLP 9.47 Increased By ▲ 0.71 (8.11%)
TREET 24.57 Increased By ▲ 0.03 (0.12%)
TRG 72.00 Increased By ▲ 0.25 (0.35%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Markets

Dollar slips after US consumer prices data

Published October 13, 2017 Updated October 13, 2017 01:39pm

NEW YORK: The dollar slipped versus a basket of currencies on Friday after data showed US consumer prices rose less than expected in September, pointing to muted inflation that could worry Federal Reserve officials who have been engaged in a vigorous debate on the US inflation path.

The Labor Department said on Friday its Consumer Price Index jumped 0.5 percent last month after advancing 0.4 percent in August. Economists polled by Reuters had forecast the CPI surging 0.6 percent in September.

The dollar index, which tracks the greenback against six major currencies, was down 0.24 percent at 92.831, after falling to a more than two-week low of 92.751.

Against the Japanese yen, the greenback fell to a more than two-week low of 111.7 yen.

The euro hit a session high of $1.1861 against the dollar and was up 0.27 percent.

 

Copyright Reuters, 2017

Comments

Comments are closed for this article.