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us dollar news

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Gold hits record high of 1,01,600 as demand peaks ahead of wedding season

Even as global macroeconomic uncertainties continued to fuel the safe-haven chase, gold prices in the national capital jumped by 1,800 on Tuesday, surpassing the critical 1 lakh-mark for 10 grammes due to a rush of purchases by local jewellers and stockists anticipating increased demand during Akshaya Tritiya and wedding season.
Published on Apr 22, 2025 07:41 PM IST

As Powell vs Trump battle ensues, US stock market hits new lows

Stock market plunges into crisis amid Trump vs Powell battle
Published on Apr 22, 2025 01:43 AM IST

Gold crosses 95,000 for the first time as dollar weakens, trade war persists

One of the reasons why this came about was the US dollar weakening by 0.65%, as per data from Bloomberg's Dollar Index Spot.
Published on Apr 16, 2025 04:33 PM IST

Gold prices ease from record high after Donald Trump's tariff exemptions

This is because non-yielding gold has traditionally been viewed as a hedge against economic uncertainty and inflation.
Published on Apr 14, 2025 12:08 PM IST

Asian stocks rise after Trump pauses most tariffs; Shanghai gains despite hike

A television screen displays a news report featuring US dollar banknotes inside a trading room at Hana Bank in Seoul, South Korea, on Wednesday, April 9, 2025.
Updated on Apr 10, 2025 12:02 PM IST

Rupee drops 19 paise to 85.63 against US dollar in early trade

According to forex traders, a steep decline in crude prices and a weaker American currency failed to support the domestic currency amid the incessant foreign fun outflows in line with the global sell-offs.
Published on Apr 07, 2025 10:04 AM IST

Social Security benefits to increase starting March 2025: Who's eligible?

By the end of this month, more than 3 million Social Security claimants will get higher benefits because to the Social Security Fairness Act, which President Biden signed into law in January.
Published on Mar 21, 2025 07:17 PM IST

Trump endorses stablecoins, says US will follow ‘never sell your bitcoin’ rule

Scott Bessent, US treasury secretary, from left, US President Donald Trump, and David Sacks, White House Artificial Intelligence (AI) and Crypto czar, during The White House Digital Assets Summit in the State Dining Room of the White House in Washington, DC, US, on Friday, March 7, 2025.
Published on Mar 08, 2025 05:05 AM IST

Shift in policy after Sanjay Malhotra became RBI Governor weakened rupee: Report

A depreciation in the Indian rupee's value was attributed to a shift in policy by the RBI, a report has claimed.
Published on Mar 01, 2025 01:21 PM IST

Rupee falls 8 paise to 86.96 as foreign fund outflows continue

Due to persistent outflows of foreign funds and an increase in the US dollar index, the rupee lost 8 paise to settle at 86.96 (provisional) versus the US dollar.
Published on Feb 18, 2025 04:33 PM IST

Sitharaman quotes Raghuram Rajan to explain rupee dip in LS: ‘Reality is…'

FInance Minister Nirmala Sitharaman quoted her long-time critic Raghuram Rajan while explaining the dip in rupee
Published on Feb 11, 2025 07:32 PM IST

Rupee plunges to all-time low of 87.94 against US dollar, may worsen: Reports

The RBI cut the benchmark repo rate by 25 basis points (BPS) to 6.25% from 6.5% earlier last week and the US dollar also continued to show strength, putting pressure on the rupee.
Updated on Feb 10, 2025 10:14 AM IST

How Trump's tariffs upended financial world as nations brace for trade war

US President Donald Trump gestures beside U.S. first lady Melania Trump as they leave the U.S. Capitol building on the inauguration day.
Updated on Feb 03, 2025 04:42 PM IST

Rupee hits record low of 87.29 against dollar as Trump tariffs spook investors

Meanwhile, the dollar index went up 0.22% to its over two-year-high of 109.72, with 10-year US bond yields also remaining high at 4.76%
Published on Feb 03, 2025 11:07 AM IST

US dollar firmer against peers after Fed keeps interest rates unchanged

The dollar strengthened 0.51% to 0.908 against the Swiss franc
Published on Jan 30, 2025 02:57 AM IST

Gold prices surge to near three-month highs amid dollar weakness

Gold prices surged to almost three-month highs on Friday, and they were headed for a fourth consecutive weekly rise as demand for safe-haven metal increased due to uncertainty around U.S. President Donald Trump's trade policies.
Published on Jan 24, 2025 09:58 AM IST

Gold prices hit two-month high amid weakening dollar

As the U.S. dollar declined, gold prices rose to more than a two-month high on Tuesday. Investors rushed to the yellow metal in anticipation of Donald Trump's trade policy.
Published on Jan 21, 2025 06:09 PM IST

Congress targets PM Modi over Rupee’s record single-day fall against US Dollar

Congress president Mallikarjun Kharge. (Vipin Kumar/ Hindustan Times)
Published on Jan 14, 2025 01:56 PM IST

Priyanka Gandhi demands answers from PM Modi over falling value of rupee

Priyanka Gandhi Vadra pointed out at PM Modi's attacks on the then UPA government a decade earlier.
Updated on Jan 11, 2025 06:56 PM IST

Sensex, Nifty open in red again, dragged down by realty, banking, energy stocks

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, February 1, 2023
Published on Jan 09, 2025 09:45 AM IST

Brazil announces Indonesia's full membership in BRICS

Brazil announces Indonesia's admission as a full BRICS member. (ANI FILE PHOTO)
Updated on Jan 07, 2025 06:08 AM IST

Indian markets plunge over 1.5% amid HMPV fears and weak rupee

The global cues, the decline in the Indian rupee, and the discovery of human metapneumovirus (HMPV) in India all had measurable effects on Monday's trading session, which saw the equity benchmarks drop more than 1.5 percent.
Published on Jan 06, 2025 05:55 PM IST

Could Trump as president accelerate de-dollarisation?

PREMIUM
A teller shows US dollar bills at an exchange office at the Grand Bazaar in Istanbul on November 28, 2024. (Photo by Yasin AKGUL / AFP) (AFP)
Updated on Dec 12, 2024 05:00 AM IST

‘No interest in weakening dollar', says Jaishankar

External Affairs Minister S Jaishankar speaks at the 22nd Edition of Doha Forum, in Doha on Saturday. (ANI Photo)
Updated on Dec 08, 2024 12:20 AM IST

Grand Strategy: The temptation to de-dollarise

PREMIUM
A woman counts US dollar bills. (Reuters Photo)
Updated on Dec 03, 2024 04:32 PM IST

Donald Trump seeks ‘commitment’ from BRICS on using US Dollar

Trump on his campaign trail pledged that he would make it costly for countries to move away from the US dollar.
Published on Dec 01, 2024 03:28 PM IST

'Go find another sucker': Trump's message to BRICS members, which includes India

US President-elect Donald Trump
Published on Dec 01, 2024 09:49 AM IST

Strong US dollar, domestic sell-off push rupee to all time low of 84.50

A cashier displays the new 2000 Indian rupee banknotes. (file)
Published on Nov 21, 2024 11:03 PM IST

US Dollar hits one-year high amid Donald Trump's economic policies

On Thursday, the U.S. dollar hit a one-year high as Trump's election momentum continued, while bitcoin soared to a record $93,480.
Published on Nov 14, 2024 07:22 AM IST

Dollar slips before Federal Reserve rate cut decision

Powell may be likely to keep his options open however, and reiterate that the U.S. central bank remains data dependent given the uncertainty over how a Trump administration will play out.
Updated on Nov 07, 2024 10:33 PM IST