Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

FORGOTTEN HISTORY: Us dollar - Caught on Camera

Rupee falls 27 paise to 95.79 against US dollar in early trade

The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent foreign portfolio withdrawals. Despite having substantial foreign exchange reserves and support from the RBI, the currency remains under pressure. Increasing global yields and expensive oil are further complicating…

The Economic Times

Cotton Rallies with Support from Outside Factors

Cotton futures got spillover strength on Thursday from the outside markets, as contracts were up 40 to 101 points at the close. Crude oil rallied $7.88 per barrel higher on the session, with the US dollar index up 255 points. Export Sales data is delayed to Friday due to the...

Barchart

BRICS chief backs de-dollarisation, says local currencies are the way forward

BRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digital transactions offer developing nations a greater voice. Businesses face multiple costs when conducting international trade through the US dollar. India aims to strengthen exports to BRICS economies while managing energy import…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Cotton Posting Midday Gain on Thursday

Cotton futures are getting spillover strength on Thursday, as WTI crude tops $100, with cotton contracts up 66 to 95 points at midday. Crude oil is rallying $5.29 per barrel higher on the session, with the US dollar index up 190 points. Export Sales data is delayed to Friday due...

Barchart

FCNR(B) inflows can boost bank lending, support festive demand: Former Standard Chartered Bank MD Sanjeev Mehta

Foreign Currency Non-Resident Bank deposits are significantly enhancing banking liquidity, providing an essential boost for lending opportunities. This heightened liquidity is expected to meet the anticipated consumer demand during the festive season. To avoid financial losses from idle deposits, banks must judiciously allocate these funds. Additionally, this surge in inflows…

The Economic Times

Cotton Extending Bounce to Thursday Morning

Cotton price action is trading with 69 to 106 point gains early on Thursday. Futures posted Wednesday gains of 5 to 109 points across most contracts at the close. Crude oil was $3.64 per barrel higher on the session, with the US dollar index holding steady on the day. Weekly...

Barchart

Rupee slumps 38 paise to close at 95.46 against US dollar

The Indian rupee slipped by 38 paise, settling at 95.46 against the US dollar on Thursday, influenced by Brent crude oil prices rising above USD 102 per barrel. Forex traders highlighted conflicting factors affecting the currency, such as portfolio outflows alongside costly crude prices. While the dollar index weakened, Brent…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Rupee falls 25 paise to 95.33 against US dollar in early trade

Thursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices and a consistent demand for the dollar. With Brent crude priced over USD 100, concerns about India's import costs are mounting. Persistent high oil prices might add additional strain on the rupee. Meanwhile,…

The Economic Times

Cotton Bulls Fight Back on Wednesday

Cotton futures posted Wednesday gains of 5 to 109 points across most contracts at the close. Crude oil was $3.64 per barrel higher on the session, with the US dollar index holding steady on the day. Weekly Crop Progress data showed condition ratings at 34% good/excellent, down 5 percentage points...

Barchart

Cotton Rallying at Wednesday’s Midday

Cotton futures are trading with midday gains of 99 to 130 points on Wednesday’s midday. Crude oil is $2.59 per barrel higher so far on the day, with the US dollar index slipping $0.032 Weekly Crop Progress data showed 40% of the US cotton crop with bolls opening as of...

Barchart

Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 mark

The rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, raising inflation fears. The depreciation was fueled by sluggish equity markets and foreign institutional investor sell-offs. Additionally, escalating tensions in West Asia contributed to Brent…

The Economic Times

China's exports in August rise 25% on car and chip fillip

China's exports expanded 25% year-on-year in August in US dollar terms, matching forecast and accelerating from the 23.9% growth in the previous month, customs data showed on Tuesday. Imports soared 28.2%, compared with a 27.5% year-on-year increase in July and a forecast of a 30% rise.

The Economic Times

Hindustan Copper shares jump 4% as copper prices surge to all-time high. What’s driving the red metal’s red hot rally?

Hindustan Copper shares jumped over 4% as copper prices hit record highs amid supply concerns and a weaker US dollar. LME copper touched $14,533 per tonne, while MCX futures neared lifetime highs. Hindustan Copper, India’s only integrated copper producer with captive mines, has gained over 115% in the past year.

The Economic Times

Gold prices rise for 2nd day, silver up Rs 3,500/kg on soft dollar ahead of inflation data

Gold and silver traded higher internationally as the US dollar weakened, while MCX prices were mixed, with silver gaining and gold declining. Investors awaited US inflation data for clues about the Federal Reserve’s next policy move amid geopolitical tensions.

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

US dollar reserve shift may be less widespread than headline figures suggest, NY Fed study finds

The dollar’s share of global reserves has fallen, but a New York Fed study says the decline is concentrated among a few countries. Reserve shifts largely reflect individual needs, challenging claims of broad global dollar diversification.

The Economic Times

Rupee rises 2 paise to close at 94.49 against US dollar

The Indian rupee has risen by two paise, closing at 94.49 against the US dollar, buoyed by positive foreign investments and an increased appetite for risk. However, the rising prices of crude oil and ongoing US-Iran tensions may hinder further appreciation. With this, the rupee has marked six sessions of…

The Economic Times

Rupee rises 14 paise to close at 94.59 against US dollar

Thursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against the US dollar. This positive shift was largely due to substantial inflows from foreign currency deposits, with a remarkable total of USD 127.23 billion raised through enhanced central bank…

The Economic Times

Gold prices rise 2,300/10 gram in 2 days; silver gains Rs 3,300/kg as yields, dollar soften. Key levels to watch

Gold and silver prices rose for a second straight session on MCX as the US dollar weakened and bond yields eased. Investors now await US nonfarm payrolls data for clues on the Federal Reserve’s policy path. Gold remains supported by softer yields and geopolitical tensions, while traders monitor key technical…

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Cotton Collapsing on Wednesday Morning

Cotton price action is down 250 to 350 early on Wednesday morning. Futures posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235. Weekly Crop Progress data showed 89% of...

The Economic Times

Rupee falls 2 paise to 94.97 against US dollar in early trade

The Indian rupee slipped further in early trading on Wednesday amidst signs of escalating tensions between the US and Iran, coupled with soaring oil prices creating turmoil in currency markets. With rising Treasury yields strengthening the dollar, risk aversion is on the rise. The Reserve Bank of India is closely…

Barchart

Cotton Falls Back Lower on Turnaround Tuesday

Cotton posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the...

Barchart

Cotton Fading Back Lower on Turnaround Tuesday

Cotton is showing Turnaround Tuesday losses of 131 to 152 points so far at midday. Crude oil is $3.81 per barrel, with the US dollar index $0.275 higher. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls...

Barchart

Cotton Fading Back to Start Turnaround Tuesday

Cotton is trading with early Tuesday losses of 131 to 188 points. Futures posted 170 to 180 point gains across most front month contracts. Crude oil was $2.91 per barrel, with the US dollar index $0.293 lower. Weekly Crop Progress data showed 89% of the US cotton setting bolls as...

The Economic Times

D-Street braces for weak opening on negative GIFT Nifty cues

Nifty declined on Monday as crude prices and geopolitical worries impacted market sentiment. Foreign investors sold shares while domestic institutions bought them on the same day. The Indian rupee reached a four-week high against the US dollar. Investors will closely monitor upcoming economic data releases this week. Market analysts suggest…

Barchart

Cotton Rallies to Close August

Cotton futures posted 170 to 180 point gains across most front month contracts. Crude oil was $2.91 per barrel, with the US dollar index $0.293 lower. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls opening. Condition...

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Standard Chartered Bank

13 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.