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Tag: Strength of the dollar

The rupee ends slightly lower as modest inflows offset resistance from the firmer dollar
Stock Market

The rupee ends slightly lower as modest inflows offset resistance from the firmer dollar

The Indian rupee closed slightly weaker on Thursday, pressured by the dollar’s broad-based strength following an aggressive reassessment of policy easing by the Federal Reserve, while modest portfolio inflows helped limit the currency’s decline.The rupee closed at 88.7050 against the US dollar, down around 0.1% on the day. The dollar index held above the 100 […]

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The dollar remains stable as markets focus on US-China trade tensions and politics
Stock Market

The dollar remains stable as markets focus on US-China trade tensions and politics

SINGAPORE: The US dollar recovered from a sell-off in early trade on Monday as investors hoped Washington could temper the latest escalation of the trade war with Beijing, while political developments in France and Japan undermined the euro and yen. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose […]

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