Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from US Dollar

Internet Shutdowns Hit Cash-Strapped Lebanon Due to Strike

Internet shutdowns rippled through cash-strapped Lebanon on Tuesday after employees of the country's state-owned telecom company went on strike, demanding higher wages. It was the latest reflection of one of the world's worst economic disasters, which has pulled three quarters of Lebanon's 6 million people into poverty. The Lebanese pound…

Asharq Al-Awsat

Oil Crawls Back Up on Signs of Firm US Fuel Demand, Weaker Dollar

Oil prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite after a 5% drop a day earlier on fear of demand suffering from increased China COVID-19 curbs and central bank interest rate hikes. A slightly weaker US dollar also shored up…

Asharq Al-Awsat

Dow, Nasdaq Futures Lower Following Friday's Sell-Off; US Dollar Surges To 20-Year High

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 1,000 points in the previous session following speech from Federal Reserve Chairman Jerome Powell at the central bank’s Jackson Hole economic symposium. The US dollar index, meanwhile, jumped to its strongest level…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Magnificent Rory McIlroy secures historic FedEx Cup hat-trick and $18m prize

“What a week, what a day” said the Northern Irishman after pipping Scottie Scheffler.

The Independent UK

FTSE 100 Live: Sterling pressure continues, Wall Street markets fall 2%

Sterling weakness continued today after the currency reached its lowest level versus the US dollar since March 2020.

Evening Standard

Factory slump drags UK near stagnation; US private sector shrinks; eurozone ‘heads into recession’ – as it happened

UK private sector growth hits 18-month low, while the US, Germany and France all suffer falls in activity this month, adding to recession fears

The Guardian - UK

Global Stocks Mostly Fall amid Central Bank Concerns

European and US stocks mostly fell Friday, with investors focused firmly on central bank interest rate hikes as the US dollar rallied. After slumping through the first half of 2022 amid concerns over central bank tightening, stocks have done better since the end of June as investors bet on a…

Asharq Al-Awsat

Read news from The Economist, FT, and more,
with one subscription

Inflation in Sudan Declines despite Stagnation, Economic Concerns

The Central Bureau of Statistics in Sudan said on Tuesday that the annual inflation rate fell for the second month in a row to 125.41 percent in July, compared to 148.88 percent the previous month, after registering 192 percent in May. The country is facing record inflation rates, amid a…

Asharq Al-Awsat

Harry and Meghan banknote will feature in exhibition of defaced currencies

The work will also include a US dollar on which Donald Trump is depicted with his 'bae' Vladimir Putin

Wales Online

Taking a deep dive into the baht rebound

The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

Bangkok Post

Egypt Currency Near Record Low

The Egyptian pound plunged on Monday to a near all-time low of more than 19 to the dollar, in the world’s number one wheat importer where prices have soared. Egypt’s currency has not fallen so sharply since December 2016, when it hit 19.3 to the US dollar after a drastic…

Asharq Al-Awsat

Asia posts biggest 6-month drop in FX reserves since 2015-16

SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to policymakers' determination to defend currencies facing persistent downward pressure from a strong US dollar.

Bangkok Post

Inflation is spiking in Zimbabwe (again). Why high interest rates aren't the answer

The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries around the world, including Zimbabwe.

The Conversation

Microsoft Earnings Fall Short as Computer Sales Sag

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier…

Asharq Al-Awsat

Get all your
news in one place.

100’s of premium titles.
One news app.

Asharq Al-Awsat

Middle East Sovereign Funds Reposition Strategies as Inflation Bites

Surging inflation and the Russian invasion of Ukraine have prompted sovereign investors to reposition their asset allocation, according to the latest Invesco Global Sovereign Asset Management Study. Investors now favor private markets over fixed income and equities, and among geographies, prefer the US and the Asia Pacific over Europe. More…

Dynamite News

Business: Rupee hits all-time low of 80 against US dollar, subdues Indian stock indices

Indian stock indices declined marginally in early trade on Tuesday, weighed down by a consistent depreciation of the rupee. Read more on Dynamite News:

Asharq Al-Awsat

Oil Prices Extend Gains

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand. Brent crude futures for September settlement rose 69 cents, or 0.7%, to $101.85 a barrel by 0421…

Al Jazeera

What prompted euro’s loss of value and what’s its impact?

Experts identify two main reasons why the euro has lost value and the potential effects on the European Union.

Get all your
news in one place.

100’s of premium titles.
One news app.

Asharq Al-Awsat

Numbers Highlight Lebanon’s Collapse During Aoun’s Tenure

Less than two months before the constitutional date that allows for the election of a new president for Lebanon, the severe economic and financial crisis that the country has been witnessing since the fall of 2019 continues to worsen. The devaluation of the Lebanese currency, which has lost more than…

Al Jazeera

Euro hits US dollar parity for first time in 20 years

The euro has been vulnerable given the effect of a continuing spike in natural gas prices and the war in Ukraine.

Evening Standard

FTSE 100 Live: US dollar index near 20-year high, China lockdown worries continue

US dollar strength and the impact of China’s Covid lockdowns remain the focus for traders ahead of a big week for economic updates.

The Conversation

Five ways that the super-strong US dollar could hurt the world economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen.

Bangkok Post

Industry cowers as baht dips again

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Bristol Post

Why does the UK/US exchange rate affect fuel prices? Petrol hits record 191.5p high

The pound’s weakness against the US dollar is partly to blame for soaring fuel prices on British forecourts. Figures show the average price of petrol reached a new high of 191.5p per litre on Sunday.

Benzinga

EUR/USD Barely Clinging Above 1.04

June didn’t work out to be a great month for EUR/USD. At the time of writing, the single currency looked on course to end the month down by 2.62% against the US dollar. May’s gains in hindsight look more like a cadaveric spasm than a serious promise of retracement or…

1 … 51 52 53 54

People

Kriengkrai Thiennukul

123 stories

Sethaput Suthiwartnarueput

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.