Articles for Strong Dollar

Rupee hits new low of 84.88 against USD
1 week, 3 days ago

Rupee hits new low of 84.88 against USD

New Indian Express  

The rupee is expected to trade near 84.5 against the dollar by end December. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near term. As a result, the 10Y UST yield has surged by 71bps between October and November, while the dollar index has …

Rupee Ust Strong Dollar
Rupee falls 2 paise to close at 83.56 against U.S. dollar
6 months, 1 week ago

Rupee falls 2 paise to close at 83.56 against U.S. dollar

The Hindu  

The rupee consolidated in a narrow range and settled 2 paise lower at 83.56 against U.S. dollar on Friday, as positive domestic markets and a decline in crude oil prices supported the rupee, while strong U.S. Dollar and FII outflows capped sharp gains. On Thursday, the rupee settled for the day lower by 6 paise at 83.54 against the U.S. …

Dollar 2 Paise Rupee Falls
J&J sales grow, but strong dollar tugs at expectations
2 years, 2 months ago

J&J sales grow, but strong dollar tugs at expectations

Associated Press  

Johnson & Johnson topped third-quarter expectations thanks to pharmaceutical sales growth, but a strong dollar made the health care giant tread cautiously again with its outlook. J&J on Tuesday narrowed its 2022 forecast and stuck to the midpoint of its previous range after lowering expectations earlier this year due to the impact of currency exchanges. Revenue from the company’s biggest …

Sales Company Billion Strong Dollar
Rupee jumps 41 paise to close at 78.65 against dollar
2 years, 4 months ago

Rupee jumps 41 paise to close at 78.65 against dollar

India TV News  

The rupee jumped 41 paise to close at 78.65 against the US dollar on Tuesday buoyed by persistent foreign fund inflows into capital markets and softening crude oil prices. The dollar-long liquidation, FPI inflows, lower crude oil prices and improvement in high-frequency data very well supported the rupee gains," Dilip Parmar, Research Analyst, HDFC Securities, said. On the domestic equity …

Rupee 41 Paise
Crypto meltdown prompts Yellen to call for new regulation
2 years, 7 months ago

Crypto meltdown prompts Yellen to call for new regulation

Associated Press  

WASHINGTON — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal. “We really need a regulatory framework to guard against the risks,” Yellen said of cryptocurrencies …

Crypto Stable Stable Coins Risks Yellen