Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
Dollar index posts steady uptick through the week
11-Jul-25 11:14Hrs IST

The dollar index has witnessed steady uptick all through the week and is recovering from its three-year low attained earlier this month. Dollar regained momentum after US President Donald Trump announced new tariffs. Besides, lingering threat to inflation from tariffs might convince the US Federal Reserve (Fed) to hold off on cutting interest rates until next year and in turn, could continue to support the greenback. Meanwhile, data revealed by the US Department of Labor showed that the number of Americans filing for unemployment benefits was below estimates and the previous print, indicating a solid economy. The dollar index that measures the greenback against a basket of currencies is quoting at 97.47, up 0.15% on the day and is set for 0.6% weekly gain after the index fell under 97 mark last week. Among basket currencies, EURUSD and GBPUSD are both lower by0.1% in tune with dollar gains and quoting at $11732 and $1.3568 respectively.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise