Morgan Stanley cuts year-end dollar forecast Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to be... Published 16 Jan, 2023 06:38pm
Markets 19th successive loss: rupee falls against US dollar Currency loses Re0.19 to close at 228.34 in the inter-bank market Updated 16 Jan, 2023 07:26pm
Markets Dollar jumps to two-week high, euro slides as German inflation eases LONDON: The euro was on track for its biggest one-day drop since September as German inflation eased in December,... Published 03 Jan, 2023 05:41pm
Markets Yen scales seven-month high on BOJ policy shift hopes SINGAPORE: The yen spiked to a seven-month high against the US dollar on Tuesday on rising expectations that the... Updated 03 Jan, 2023 02:46pm
Markets Rupee ends last session of 2022 on a losing note against US dollar Currency closes the year at 226.43 in inter-bank market Updated 30 Dec, 2022 08:50pm
Markets Dollar slips as markets bounce, Japan policy shift talk lifts yen LONDON: The U.S. dollar slipped on Monday as a pick-up in market sentiment drove stocks and riskier currencies... Published 19 Dec, 2022 07:00pm
Markets Yen rises on report of Japan govt move for more flexible inflation target SINGAPORE: The yen climbed on Monday on news that the Japanese government is set to revise a joint statement with... Published 19 Dec, 2022 10:38am
Markets Rupee continues to struggle, settles at 224.70 against US dollar Currency settles with a 0.02% decline in inter-bank market Updated 13 Dec, 2022 06:18pm
Markets Dollar rises as inflation pressures persist; FOMC meeting in focus SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than... Published 12 Dec, 2022 09:40am
Markets Rupee continues to depreciate, settles at 224.37 against US dollar Currency depreciates 0.09% in inter-bank market Updated 08 Dec, 2022 09:17pm
Markets Rupee continues to fall, settles at 223.66 against US dollar Currency has lost Rs2.24 or 1% against the greenback in the last seven trading sessions Updated 21 Nov, 2022 09:28pm
Markets Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could... Published 04 Nov, 2022 09:59am
Opinion Debt rescheduling challenge The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing... Published 31 Oct, 2022 06:23am
Markets Rupee records 3rd successive loss, settles at 222.47 against US dollar Since October 13, the currency has lost Rs4.09 against the US dollar Updated 28 Oct, 2022 08:53pm
Markets Dollar sags as bets build for less hawkish Fed TOKYO: The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness... Published 26 Oct, 2022 10:01am
Markets Oil rises on weaker dollar and supply worry; trade choppy NEW YORK: Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker... Published 26 Oct, 2022 05:52am
Markets Russian rouble firms towards 61 vs dollar on tax payments support MOSCOW: The rouble traded near 61 to the dollar on Friday and strengthened against the euro and yuan, supported by a... Published 21 Oct, 2022 01:59pm
Markets Asian currencies kept in check by aggressive US rate hike bets Emerging Asian currencies remained on the back foot against a resilient dollar on Friday as hawkish headlines from... Published 21 Oct, 2022 11:31am
Markets Indonesia’s rupiah skids to lowest in more than 2 years ahead of rate decision Indonesia’s rupiah on Thursday fell to its lowest in two and a half years and yields jumped sharply ahead of a... Published 20 Oct, 2022 10:15am
Markets Indian rupee likely to open flat; Treasury yields, oil prices in focus this week MUMBAI: The Indian rupee is tipped to open little changed to the dollar on Monday, with traders eyeing the... Published 17 Oct, 2022 11:16am
Markets Pound rallies ahead of new finance minister’s plans; yen wobbles LONDON: The pound rallied on Monday as Britain’s new finance minister prepared to unveil more fiscal plans aimed at... Updated 17 Oct, 2022 02:15pm
Markets Dollar holds firm, yen hovers around 32-year low SINGAPORE: The dollar took a breather on Friday after a volatile overnight session as red-hot US inflation data... Published 14 Oct, 2022 09:42am
Markets Fragile yen tests 1998 low, sterling cautiously steady SINGAPORE: The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as... Published 13 Oct, 2022 10:01am
Markets South African rand firms against dollar in early trade JOHANNESBURG: South Africa’s rand strengthened against a weaker dollar on Wednesday, as traders braced for US... Published 12 Oct, 2022 02:32pm
Markets Winning streak ends: rupee registers marginal loss against US dollar Cumulatively, rupee has appreciated Rs21.82 or 10% against the US dollar in the past fourteen sessions Updated 12 Oct, 2022 09:28pm
Business & Finance US dollar gains as investors brace for another strong inflation data this week LONDON/NEW YORK: The US dollar rose for a fourth straight session on Monday, as investors looked to inflation data... Published 11 Oct, 2022 05:54am
Markets 10th straight gain: Rupee settles below 222 Cumulatively, the rupee has appreciated Rs17.76 or 8% against the US dollar in the past ten sessions as run of strength continues Updated 06 Oct, 2022 11:07pm
Markets Yen strengthens after Japan intervenes to support yen for first time since 1998 TOKYO/LONDON: The Japanese yen strengthened sharply on Thursday after authorities intervened in the foreign exchange... Updated 22 Sep, 2022 02:44pm
Business & Finance Dollar soars to 2-decade high NEW YORK: The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal... Published 22 Sep, 2022 06:38am
Opinion Asia’s southern flank shines in fight vs surging dollar Asia’s central banks, alarmed by the surging dollar’s assault on their currencies, are ramping up their... Published 09 Sep, 2022 06:09am