[ad_1] The rupee recovered 8 paise to 81.96 against the US dollar in the early trade on Tuesday after gains in domestic equities and a weak greenback in overseas markets.…
Tag: greenback
Ringgit a tad higher vs greenback on higher oil price, China stimulus hopes
[ad_1] KUALA LUMPUR: The ringgit was marginally higher against the US dollar at the close today on better oil prices and stimulus hopes for China’s economy. At 6 pm, the…
Ringgit extends recovery against US dollar on better risk appetite
[ad_1] KUALA LUMPUR: The ringgit extended its earlier recovery momentum towards the end of today’s trading and closed marginally higher against the US dollar as risk appetite improved amid weaker…
The ‘R’ Club Dare to U.S. Dollar
[ad_1] THE RUSSIA-UKRAINE WAR, burgeoning debt of advanced nations and rising inflation in the West have turned Mission Impossible into a mission that might be possible. The U.S. dollar, which…
Ringgit ends the week higher against greenback on technical rebound
[ad_1] KUALA LUMPUR: The ringgit ended the holiday-shortened week higher against the US dollar today on a technical rebound after trending lower for the past few days, despite the greenback’s…
Ending the dollar dominance
[ad_1] THE US-dollar dominance as the anchor of the international financial system is being challenged on several fronts simultaneously – and ever more intensely – in recent months. From several…
Operational challenges in move away from the greenback
[ad_1] CHINA’S growing economic role in international trade and investment, and the diversification of reserves holdings by central banks into various currencies have revived the politics of currencies and talk…