Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
NEW YORK/MILAN, April 25 (Reuters) - The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first...
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Local Currencies Bow to the Mighty US Dollar in 2024
The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The US dollar outperformed all local...
Asian currencies tepid on stronger dollar – Business & Finance
BENGALURU: Equities in Asia extended gains on Tuesday with a jump in Singapore shares, while currencies were largely subdued, still...
Asian currencies tepid on stronger dollar – Business & Finance
BENGALURU: Equities in Asia extended gains on Tuesday with a jump in Singapore shares, while currencies were largely subdued, still...
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...
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...
