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Tag Archives: US dollar

US dollar extends rally on economic data

  New York: The US dollar increased against most major currencies as investors continued to digest the stronger-than-expected jobs report. In late New York trading on Monday, the euro fell to $1.2400 from $1.2452 in the previous session, and the British pound dipped to $1.4001 from $1.4118 in the previous session. The Australian dollar decreased to…

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US dollar falls against major currencies

  New York: The US dollar decreased against most other major currencies as investors digested a batch of economic data. The dollar index, which measures the greenback against six major peers, decreased 0.52 per cent at 88.667 in late trading on Thursday, Xinhua news agency reported. In late New York trading, the euro rose to $1.2516…

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US dollar falls as Fed keeps rates unchanged

  Washington:The US dollar decreased against most other major currencies on Wednesday as the Federal Reserve left its benchmark interest rates unchanged. The US central bank on Wednesday decided to maintain the target range for the federal funds rate at 1.25 to 1.5 percent after the conclusion of its two-day meeting, while giving an upbeat…

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US dollar ticks down on economic data

  New York: The US dollar fell against most major currencies as investors mainly focused on the newly-released economic data. In late New York trading on Thursday, the euro increased to $1.2243 from $1.2224 in the previous session, and the British pound increased to $1.3893 from $1.3872 in the previous session, Xinhua news agency reported. The…

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US dollar ticks up amid Beige Book, data

  New York: The US dollar traded mixed against other major currencies as investors mainly focused on the Federal Reserve’s latest Beige Book and the newly-released economic data. In late New York trading on Wednesday, the euro decreased to $1.2224 from $1.2272 in the previous session, and the British pound increased to $1.3872 from $1.3797 in…

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Chinese yuan weakens against US dollar

  Beijing: The central parity rate of the Chinese currency, the renminbi or the yuan, weakened 239 basis points to 6.5207 against the US dollar on Wednesday, the lowest point in about two weeks. The softer rate came after drops in the offshore yuan against the dollar on Tuesday following rumours that the country’s central bank…

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SBI to raise over Rs 12K cr through overseas bonds

  Mumbai: The State Bank of India (SBI) on Monday said it will raise over Rs 12,600 crore ($2 billion) by issuing bonds in dollar or other convertible currencies. “The executive committee of the Central Board… has approved long term fund raising in single/multiple tranches up to $2 billion,” the state-run bank informed in a regulatory…

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US dollar declines amid economic data

  New York: The US dollar slipped against other major currencies as investors were digesting the latest economic data from the country. In late New York trading on Thursday, the euro rose to $1.1953 from $1.1897, and the British pound climbed to $1.3443 from $1.3399. The Australian dollar increased to $0.7793 from $0.7775, Xinhua news agency…

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US dollar declines amid economic data

  New York: The US dollar fell against most major currencies as investors were digesting the latest economic data. In late New York trading on Wednesday, the euro increased to $1.1897 from $1.1864 in the previous session, and the British pound increased to $1.3399 from $1.3379 in the previous session, Xinhua news agency reported. The Australian…

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US dollar rises on tax reform expectation

  New York: The US dollar increased against other major peers on renewed hopes for passing a tax bill in the country. In late New York trading on Friday, the euro fell to $1.1759 from $1.1799 in the previous session, and the British pound declined to $1.3325 from $1.3441 in the previous session, Xinhua news agency…

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