Dollar strength

Last Updated: May 24, 2023, 23:43 IST FILE PHOTO: A saleswoman shows gold bangles to a customer at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 3, 2022. (Image: Reuters)Spot…

Last Updated: May 24, 2023, 23:49 ISTThe dollar index, which tracks the U.S. currency against six major peers, hit 103.91, its highest since March 20. The index last rose 0.299% at 103.83. (Image: File Photo)The impasse in Washington over…

<!-- -->Rupee Today: Rupee plunged to another record low of 79.45 per dollarThe rupee's brutal plunge continued on Monday, with the currency ending at another new all-time low of nearly 79.45 per dollar, closing in fast to the next…

<!-- -->Stocks slide, dollar gains on hot US inflation dataGlobal equity markets slumped and the dollar strengthened on Friday after a bigger-than-expected U.S. inflation spike in May raised concerns the Federal Reserve may tighten…

<!-- -->Rupee gains further, but volatility to remain highThe rupee strengthened early on Wednesday following a reversing of losses in the previous session, a day after closing at its all-time low of 77.44 against the dollar.Bloomberg…

<!-- -->Forex reserves down by $311 million to $603.694 billionIndia's foreign exchange (FX) reserves fell for the sixth straight week, by $311 million in the April 15 reported week to $603.694 billion, according to the Reserve Bank…

<!-- -->"Do not try to fight the strong dollar bull trend...," says INGFinancial markets have been whiplashed by the Russia-Ukraine war, but surging inflation dynamics and the resultant central banks' move to policy tightening will…

<!-- -->The rupee gained slightly on positive domestic equities.The rupee gained against the dollar on Wednesday, snapping a four-session losing streak, buoyed by a recovery in domestic stocks after a five-day losing run, but the…

<!-- -->Oil dips in volatile trade amid demand concerns, supply disruptionsThe ebb and flow in investors' sentiment on global crude's demand-supply dynamics pushed futures down over 1 per cent on Tuesday; with the Russia-Ukraine war…

<!-- -->Higher March inflation data does not yet fully reflect the fall out from Ukraine warInflation has surged sharply in March, according to the latest data from India, the United Kingdom and the United States, but that does not…