The US dollar's rise has largely been driven by two catalysts: Trump's election and the recalibration of future Fed easing.
Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S.
Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times.
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
Dollar gains against most currencies in 2024, rupee hits record low against US dollar, influenced by various factors.
The Pound to Dollar (GBP/USD) exchange rate has managed to regain the 1.2500 level in January. MUFG expects that the dollar will gain renewed support in the near term, pushing GBP/USD down to 1.20 ...
At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.89 against the greenback ...
As the global economy faces turbulence, the United States confronts a critical financial challenge: the steady decline in the ...
At the interbank foreign exchange, the rupee opened at 85.63 then fell further to 85.69 against the American currency, registering a fall of 5 paise over its previous close. On December 27, the local ...
BRICS unlikely to commit to Trump on common currency, focusing on de-dollarisation and currency cooperation, source says.