Dollar drops as inflation readout puts Fed policy course in view WASHINGTON: The dollar slid on Tuesday after US inflation data showed consumer prices rose by 8.5% in March compared... Published 13 Apr, 2022 06:03am
Markets Dollar holds steady ahead of expected red-hot US inflation data HONG KONG: The dollar index held firm on Tuesday, supported by high US yields ahead of inflation data that is... Published 12 Apr, 2022 11:29am
Business & Finance Euro boosted by French election, dollar near two-year highs NEW YORK: The dollar held just below two-year highs against a basket of currencies on Monday as it continued to be... Published 12 Apr, 2022 05:17am
Markets U-turn: Rupee posts massive recovery against US dollar, closes at 184.68 Gains 1.9% from Thursday's level, biggest percentage increase on a daily basis since April 2020 Updated 08 Apr, 2022 07:37pm
Markets Dollar index edges nearer to 100, set for best week in four HONG KONG: The dollar extended a relentless upward move on Friday, reaching a new near two-year peak against a ... Published 08 Apr, 2022 10:50am
Markets Tokyo stocks close lower on Fed rate hike bets TOKYO: Tokyo stocks closed lower Thursday as minutes from the Federal Reserve’s most recent meeting fuelled... Published 08 Apr, 2022 05:28am
Business & Finance Dollar slides from near two-year high amid hawkish signals from Fed NEW YORK/LONDON: The dollar slipped from a near two-year high on Thursday, as investors digested hawkish signals ... Published 08 Apr, 2022 05:28am
Business & Finance Rouble stabilises in 83-84 range to the dollar, stocks down MOSCOW: The Russian rouble stabilised within a range of 83-84 to the dollar in Moscow trade on Tuesday, while stock... Published 06 Apr, 2022 05:53am
Markets Euro weighed down by talk of fresh Russia sanctions SINGAPORE: The dollar made a firm start to the week as Treasury yields rose with expectations of rapid-fire US... Published 04 Apr, 2022 11:38am
Markets Historic weakness: Rupee closes at over 184 against US dollar for the first time Currency is feeling pressure of falling foreign exchange reserves, oil prices, and ongoing political uncertainty Updated 01 Apr, 2022 09:15pm
Business & Finance Dollar edges higher on safe-haven bid, euro drops NEW YORK: The dollar edged higher on Thursday as a lack of progress in peace talks between Russia and Ukraine ... Published 01 Apr, 2022 05:41am
Markets Repayment of syndicated loan facility from China: SBP reserves fall massive $2.915 billion SBP says rollover of this syndicated facility is being processed and expected shortly Published 31 Mar, 2022 07:50pm
Markets Yuan briefly hits 2-week high but sluggish PMIs, COVID weigh SHANGHAI: China’s yuan briefly touched a two-week high against the dollar before giving back all its gains on... Published 31 Mar, 2022 11:11am
Markets Euro holds at one-month high, yen set for worst month since 2016 HONG KONG: The euro held at a one-month high against the dollar on Thursday, having rallied on hopes the war in... Published 31 Mar, 2022 11:06am
Business & Finance Euro at one-month high vs dollar on hopes over Ukraine talks NEW YORK: The dollar dropped on Wednesday, with the safe-haven currency hitting a nearly two-week low, while the ... Published 31 Mar, 2022 05:11am
Markets Dollar falls, euro gains, as FX markets become less worried about Ukraine LONDON: The dollar fell and the euro gained on Wednesday as markets took a positive view on peace talks in Ukraine,... Published 30 Mar, 2022 03:19pm
Markets Sterling hits three-month low versus euro on Ukraine peace talks LONDON: The British pound fell to its weakest level against the euro in over three months on Wednesday but rose... Published 30 Mar, 2022 02:19pm
Markets Hopes of peace in Ukraine keep euro afloat SINGAPORE: The dollar was kept on the back foot on Wednesday as hopes for a breakthrough in Russia-Ukraine peace... Published 30 Mar, 2022 11:28am
Business & Finance Dollar declines, euro jumps on hopes in Ukraine peace talks NEW YORK: The dollar fell against a basket of peer currencies on Tuesday following reports of progress in peace ... Published 30 Mar, 2022 06:08am
Markets Japan says communicating closely with US on FX issues as yen hits 6-year low TOKYO: Japan and the United States agreed to closely communicate on currency issues, Japan's top currency diplomat... Published 29 Mar, 2022 11:25am
Business & Finance Yuan touches two-week low SHANGHAI: China’s yuan weakened on Monday to a near two-week low against the dollar, as investor sentiment soured... Published 29 Mar, 2022 05:49am
Business & Finance Sterling falls vs euro and dollar LONDON: Sterling fell against the euro and the dollar as investors focused on monetary policy divergence between... Published 29 Mar, 2022 05:49am
Markets Yen back under pressure as BOJ steps in bitcoin takes a leap HONG KONG: The Japanese yen resumed its slide on Monday morning, after the Bank of Japan stepped into the market to... Published 28 Mar, 2022 09:37am
Business & Finance Dollar climbs as data supports bigger rate hikes NEW YORK: The dollar strengthened for the fourth time in the past five sessions, as economic data on the labor ... Published 25 Mar, 2022 05:46am
Markets Turkey’s protection scheme helped cut FX deposits, says Treasury ANKARA: The share of hard currency deposits in Turkey’s banking system has fallen more than 10 percentage points... Published 24 Mar, 2022 05:36am
Business & Finance Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe NEW YORK: The dollar climbed on Wednesday while the euro weakened as oil prices saw another jump with U.S. President... Published 24 Mar, 2022 05:36am
Business & Finance Dollar eases as Powell bump fades NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve... Published 23 Mar, 2022 04:58am
Markets Australia, NZ dollars hit pause as bond markets punished SYDNEY: The Australian and New Zealand dollars took a step back on Tuesday as an uber-hawkish outlook for US... Published 22 Mar, 2022 10:16am
Business & Finance Dollar little changed with Powell on deck NEW YORK: The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward... Published 22 Mar, 2022 05:21am
Business & Finance Egyptian pound drops nearly 14pc CAIRO: Egypt’s pound depreciated by almost 14% on Monday after weeks of pressure on the currency as foreign... Published 22 Mar, 2022 05:21am