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Hegemony of the US dollar and finding an alternative
This article is published by Mehdi Hussain, doctoral candidate, Centre for South Asian Studies, Jawaharlal Nehru University, New Delhi.
Published on May 02, 2023 06:43 PM IST
Hindustan Times
Cat brings cash to its human, netizens react. Watch
An adorable video shows a cat bringing some cash to its human parent. Watch what the human has to say.
Published on Apr 06, 2023 09:06 AM IST
Vrinda Jain
The influence of US as a global leader is waning
There is no conclusive evidence, but the influence of the US as the leader internationally appears to be on the wane. Will China replace the US in that leadership position? Time and what transpires over the next decade or so — in the US, in China, and around the world — will shape that story.
Updated on Apr 04, 2023 07:30 PM IST
Pakistan central bank raises key interest rate 100bps to record 21%
Soaring prices have put pressure on household budgets and left many desperate, with at least 16 people killed in stampedes for food aid last week.
Published on Apr 04, 2023 05:37 PM IST
Reuters | | Posted by Yagya Sharma
Adani Group's $2.5 billion share sale faces crucial day. Here's why
Bloomberg reported that a plunge in dollar bonds of Adani Group companies quickened on Monday after a rebuttal by the Indian conglomerate failed to ease concerns following Hindenburg Research's report.
Updated on Jan 30, 2023 09:35 AM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
Rupee appreciates 15 paise to 82.47 against US dollar in early trade
Rupee vs Dollar Today: The dollar index, which measures how strong the dollar is relative to a basket of six different currencies, increased 0.03 percent to 105.07.
Updated on Jan 06, 2023 10:29 AM IST
Rupee ends 2022 as worst-performing Asian currency: Report
The rupee finished the year at 82.72 to the U.S. currency, down from 74.33 at the end of 2021, while the dollar index was headed for its biggest yearly gain since 2015.
Published on Dec 30, 2022 07:55 PM IST
Reuters |
Rupee flat against US dollar in early trend, trades at ₹82.76 for 1 USD
Rupee vs Dollar today: Traders said the domestic unit is in a narrow range because muted domestic equities, as well as sustained foreign fund outflows, capped the appreciation bias.
Published on Dec 29, 2022 10:54 AM IST
HT News Desk, New Delhi
Rupee declines 9 paise to 82.74 against US dollar in early trend
Rupee vs Dollar today: The weakening of Rupee is attributed to rising crude prices worrying investor's sentiment along with foreign fund outflows further coupling the trend
Updated on Dec 27, 2022 12:24 PM IST
How is Rupee faring vs Dollar
Rupee maintains spot against US dollar in early trade. It traded flat against US dollar amid weak stocks, firm crude oil.
Updated on Dec 30, 2022 08:52 PM IST
'Won't hide failure': Opposition leaders on Sitharaman’s 'rupee-dollar' comment
Nirmala Sitharaman said that the rupee has “performed much better than many other emerging markets”.
Updated on Oct 16, 2022 05:33 PM IST
Swati Bhasin, New Delhi
Customer gives $500 to shop owner for a bracelet. His reaction is heartening
The man surprised a shop owner with $500 for his kind gesture.
Published on Oct 14, 2022 05:30 PM IST
Vrinda Jain
London in UK attracts American tourists, despite inflation, amid weak pound
A strong dollar and a weak pound means many of the quintessentially British tourist experiences are cheaper for the Americans travelling to London in United Kingdom.
Updated on Oct 12, 2022 05:29 PM IST
Bloomberg | | Posted by Zarafshan Shiraz
Man’s bubblegum blowing contest with cashier ends with a surprising twist. Watch
A cashier was called to compete in a bubble blowing competition. What happened next will leave you surprised.
Published on Oct 12, 2022 02:36 PM IST
Vrinda Jain
Rupee slips below 81-mark against US dollar for first time in early trade
On Thursday, the rupee plunged by 83 paise -- its biggest single-day loss in nearly seven months -- to close at an all-time low of 80.79 against the US dollar.
Updated on Sep 23, 2022 11:01 AM IST
PTI |
Rupee climbs to 5-week high on US dollar inflows: Report
The rupee closed at 79.1475 per U.S. dollar, compared with the previous close of 79.5225, notching up its best session this month
Published on Sep 13, 2022 03:59 PM IST
Reuters | | Posted by Aryan Prakash
The Crossing of the re line of Euro-dollar Parity
The article has been authored by Partha Ray, director, National Institute of Bank Management.
Published on Aug 26, 2022 12:19 PM IST
Hindustan Times
Rupee rises by 22 paise to close at 79.02 against US dollar
The rupee touched a high of 79.00 and a low of 79.22 before settling at 79.02 (provisional).
Published on Aug 01, 2022 04:18 PM IST
PTI |
Indian rupee at over 1-wk high on broad dollar losses; bond yields slip
The US Federal Reserve has signalled a 75 basis point rate hike at its July 26-27 meeting, although data last week showing inflation hit 9.1% year-on-year in June raised the possibility of a larger 100 bps hike later this year.
Published on Jul 25, 2022 07:33 PM IST
Reuters |
Unstoppable dollar risks worsening $71 billion Asia stock exodus
The dollar has steamrolled through global currency markets lately, benefiting from bets on aggressive Federal Reserve rate hikes.
Published on Jul 17, 2022 11:42 AM IST
Bloomberg |
Rising dollar threatens Asian stocks to worsen after $71 billion exodus
The MSCI Asia ex-Japan Index has fallen 20% as foreign investors took $71 billion out of stock markets in emerging Asia outside China so far this year, already double the outflows in 2021.
Published on Jul 17, 2022 09:21 AM IST
Bloomberg |
Gold hits nine-month low as investors rush to dollar as haven
Bullion slid to its lowest intraday level in more than nine months after posting a fourth weekly loss Friday. Investors concerned about the prospect of a global economic downturn have turned in droves to the dollar, which is already up more than 2% this month.
Published on Jul 12, 2022 12:25 PM IST
Bloomberg |
Rupee falls 22 paise to record low of 79.48 against US dollar
At the interbank forex market, the local unit opened weak at 79.30 against the greenback and witnessed an intra-day high of 79.24 and a low of 79.49.
Published on Jul 11, 2022 07:40 PM IST
PTI | , Mumbai
Rupee gains 12 paise to close at 78.94 against US dollar
At the interbank forex market, the local unit opened at 78.99 against the greenback and fell to an intra-day low of 79.12.
Published on Jul 01, 2022 04:35 PM IST
PTI |
‘Focus on economy…’: Rahul Gandhi to PM Modi on rupee's record low vs dollar
“I won't criticise you blindly,” the Congress leader tweeted, as he recalled Modi's constant criticism on the same issue of former PM and predecessor, Dr Manmohan Singh.
Published on May 09, 2022 05:53 PM IST
HT News Desk, New Delhi
Mumbai, Delhi and Kolkata home to India's most millionaire households: Survey
The Hurun Report findings on the dollar millionaires come at a time when there is rising concern about the growing inequality in India with a population of over 130 crore.
Updated on Feb 18, 2022 05:03 PM IST
PTI |
Turkish house sales to foreigners hit record level as lira slides
The 7,363 properties sold to foreigners was the highest monthly level since the data series began in 2013. By far the highest number of foreign buyers were Iranian citizens, followed by Iraqis and Russians.
Published on Dec 14, 2021 02:01 PM IST
Reuters |
NZ central bank keeps rates unchanged, flags economic uncertainties
The Reserve Bank of New Zealand (RBNZ) also retained its large scale asset purchase (LSAP) programme at NZ$100 billion ($73.24 billion).
Published on Feb 24, 2021 08:00 AM IST
Reuters | , Wellington
Hopes fade for turnaround in Asia’s worst-performing currency of 2020
India’s forex reserves consequently rose to a record $586 billion, catching up with Russia, which has the world’s fourth-largest stockpile.
Published on Jan 21, 2021 12:35 PM IST
Bloomberg |
Dollar extends bounce as stimulus hopes stall short bets
The euro last traded as low as $1.2167 in Asia, after climbing as high as $1.2349 last week.
Published on Jan 11, 2021 10:57 AM IST
Reuters | , Singapore
