The Latest Breaking News from US Dollar

You buy umbrella to use it when it rains: Shaktikanta Das on using forex reserves to tackle rupee volatility

MUMBAI: Amid the rupee falling against the US dollar, RBI governor Shaktikanta Das on Friday said "you buy an umbrella to use it when it rains!', indicating that the central bank is using foreign exchange reserves to deal with currency volatility.

The Times of India · Jul 22, 2022

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…

Asharq Al-Awsat · Jul 19, 2022

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:

Dynamite News · Jul 19, 2022

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.

Al Jazeera · Jul 13, 2022

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…

Asharq Al-Awsat · Jul 12, 2022

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.

Al Jazeera · Jul 12, 2022

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.

Evening Standard · Jul 11, 2022

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.

The Conversation · Jul 8, 2022

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.

Bangkok Post · Jul 7, 2022

RBI unveils measures to curb rupee slump, boost forex inflows

NEW DELHI: The Reserve Bank of India (RBI) on Wednesday unveiled fresh measures to stabilise the rupee, which touched multiple record lows against the US dollar.

The Times of India · Jul 6, 2022