Dollar’s value climbs amid high interest rates, thriving U.S. economy
The U.S. dollar has been on something of a tear recently. Compared to our trade partners on average, its value has...
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US Dollar Appreciates Slightly As Naira Slumps: What’s Happening USD Appreciates Slightly As Naira Slumps: What’s Happening
The Nigerian naira has noted a slight downturn in value against the USD. The Naira is down (NAFEM) to N1,148.14/$1...
Bank of America Explains Why the US Dollar Is Rising
The DXY index, which measures the performance of the US dollar shows it hovering around the 106.28 mark. The USD...
Dollar rally drives shilling to 5-day weakening streak
A resurgent US dollar amidst heightened geopolitical risks and fading hopes of multiple interest rate cuts by the US Federal...
What De-Dollarization? US Dollar Bulldozes BRICS Currencies
The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status and replace...
Indian rupee is now aiming to be world’s alternate reserve currency
The Indian Rupee (INR) has fallen sharply against the US Dollar (USD) in the last one month. This has resulted...
Asian currencies rise as dollar retreats – Business & Finance
BENGALURU: Currencies in emerging markets gained on Thursday as the dollar rally took a breather, while the South Korean won...
Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024
A handful of developing countries in Asia, Africa, and Latin America launched de-dollarization initiatives hoping to pull the US dollar...
This Local Currency Rises 12% Against the US Dollar
The US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian Rupee. The...
Rupee hits new low of 83.54 per dollar as global tensions mount
Mumbai: The rupee closed at a record low on Tuesday, ending at 83.54 against the dollar, nine paise lower than...
