The Latest Breaking News from US Dollar

The rupee appreciated 71 paise to 80.69 against the American currency in early trade on Friday, as moderating US CPI data coupled with the fall in the dollar index boosted investor sentiments. Read more on Dynamite News

On Sept 22, Japan's government purchased yen on the foreign-exchange market for the first time since 1998. The finance ministry was attempting to stem the yen's rapid slide, and for a while, the US$20 billion intervention seemed to be working: the yen's value rose from nearly ¥146 (755 baht) per…

The baht continued to drift below 38 to the US dollar as most Asian currencies headed for weekly losses on Friday.

The rupee plunged 61 points to dip below for the first time and closed at a record low of 83.01 against the dollar. Read more on Dynamite News:

With the Federal Reserve maintaining high-intensity rate hikes, the currencies of China, Japan, and South Korea, all major Asian economies, have been more or less affected to varying degrees, and are under increasing pressure of depreciation. The exchange rates of the Chinese renminbi (with the offshore exchange rate as a…

Syria's pound hit a new low against the dollar on the black market Tuesday, according to websites monitoring the exchange rate, in the latest blow to the war-battered economy. The exchange rate reached more than 5,000 Syrian pounds to the US dollar for the first time since the start of…

Indian IT firms are facing unprecedented margin pressure owing to high employee attrition, rising wage cost.

The Bank of England has intervened again to try and calm markets, as it confirmed it will now begin to purchase index-linked gilts, government bonds with interest payments in line with inflation

Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year earlier, while the cedi has depreciated by 41% year-to-date against the US dollar. These vulnerabilities have been worsened by the aftershocks…