Tag: Dollar

Rupee nosedives to record low of Rs 107

The rupee kept its historic downward journey against the dollar Wednesday on the back of ‘natural demand’ created by the Haj pilgrims. This negative...

Dollar higher against yen as risk appetite grows

The dollar rose against the safe-haven yen in Asia on Tuesday as risk-taking sentiment increased on fading concern of an imminent US military strike...

Dollar slumps to 10-week low against yen in Asia

The dollar slumped to a 10-week low against the yen in Asia Thursday as ran for cover in the face of tumbling stock markets...

Dollar slips against yen after Japan PM speech

The dollar fell against the yen in Asia on Wednesday after Japanese Prime Minister Shinzo Abe’s speech on his growth strategy for the economy...

Dollar under pressure in Asia after weak US data

The dollar came under pressure in Asia on Tuesday after sinking in New York following a poor manufacturing report that pointed to weakness in...

Dollar under pressure in Asia after mixed data

The dollar was mixed in Asian trading on Monday as it faced pressure from data that showed US consumer spending was down in April...

Hajj gets expensive due to dollar hike

Hajj this year would cost approximately Rs 63,000 more as compared to last year due to increase in the rupee-dollar parity and enhanced air...

Dollar holds firm after soaring on Fed minutes

The dollar held firm in Asian trade Thursday after leaping on Federal Reserve minutes which suggested the central bank could exit its ultra-loose monetary...

Importers pushed towards forward booking dollar at Rs 101!

The value of the rupee is touching the lowest ebb against the dollar in the history of Pakistan, apparently, because of the country’s fast...

Asian shares rise, Fed outcome pressures dollar

Asian shares rose on Wednesday buoyed by strength in global equities markets, firmer economic sentiment in Germany and hopes of a deal from U.S....

Sterling holds 5-week high vs dollar

Sterling held near a five week high against the dollar on Wednesday ahead of an expected expansion by the Federal Reserve if its asset...

Dollar briefly up against yen after N Korea launch

The dollar briefly jumped against the yen in Asian trading Wednesday after North Korea launched a rocket seen by many in the international community...

Dollar climbs vs euro on US jobs data; Fed eyed

The dollar had soared immediately after the headline data for November stoked speculation that the U.S. central bank may opt for a smaller stimulus...

Global stocks, dollar up modestly after strong jobs data

The dollar edged up, though the currency was off its highs as investors parsed the details of the labor market report, one of the...

Euro steady as traders await Greek rescue deal

The euro traded in a narrow range against the dollar Monday in a nervous market awaiting the outcome of a meeting of Greece’s creditors...

Euro at two-month low versus dollar on European growth concerns

The U.S. dollar and the yen advanced, while the Australian dollar weakened, as investors shed growth-linked currencies in favor of safe havens. Growth in Germany,...

Dollar weakens in Asian trade

The dollar was flat in Asia Wednesday following the Bank of Japan's latest easing measures, while analysts said a superstorm that battered the US...