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.

The Latest Breaking News from US Dollar

Lebanon Central Bank Sets New Rate for Withdrawals from Dollar Deposits

Lebanon's central bank said on Thursday it had set a new rate of 15,000 Lebanese pounds to the US dollar for withdrawals from bank deposits denominated in dollars, but which can now can be accessed largely in the local currency. The rate was previously set at 8,000 pounds under central…

Asharq Al-Awsat

Egypt's Pound Weakens to New Low of 30/USD

Egypt's pound weakened on Wednesday to a new low of 30 against the US dollar after fluctuating in morning trading, Refinitiv data showed. Egypt committed to a flexible currency, a greater role for the private sector and a range of monetary and fiscal reforms when it agreed to a $3…

Asharq Al-Awsat

Surge in London mansion sales as US buyers cash in on 30% currency discount

The strength of the US dollar against the pound has made London property around a third cheaper for American buyers

Evening Standard

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

Year 2022 Saw Erosion of Middle East National Currencies

The year 2022 witnessed an unprecedented decline in the exchange rates of a number of national currencies in some Middle Eastern countries, most notably Egypt, Türkiye, Sudan and Iraq. The value of some of the region’s currencies fell against the US dollar, while others saw very sharp deteriorations, as is…

Asharq Al-Awsat

Egypt Government Moves to Control Currency Exchange Rate

The Egyptian government pledged to “control the market,” stressing that the US dollar crisis is on its way to being resolved. It has also sought to crack down on currency dealers in the “black market.” The value of the Egyptian pound declined against the US dollar following the Central Bank’s…

Asharq Al-Awsat

Rupee's Outlook Depends Largely On Global Monetary Policy Moves

Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US dollar index kept the Indian currency under pressure in 2022. Read on for details:

Dynamite News

Iraqi Dinar Continues to Weaken against US Dollar

Iraq’s currency plummeted to a new low against the US dollar. In the northern Kurdistan region, the rate stood at 1,550 Iraqi dinars to the dollar - the lowest it has traded since 2004, according to experts. The depreciation in the dinar’s value triggered a wave of severe anxiety in…

Asharq Al-Awsat

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

Sisi Stresses Availability of US Dollar in Egypt

Egyptian President Abdel Fattah al-Sisi stressed that foreign currency is available to release imported goods in ports, assuring that the government has dollars. During the inauguration of two medical and industrial gas plants and a tri-generation plant in the chemical industries complex in Abu Rawash, Giza, Sisi said state was…

Asharq Al-Awsat

Syrian Pound Hits New Low on Black Market

Syria's nose-diving pound hit a new record low Saturday against the dollar on the black market, according to websites monitoring the exchange rate, as the country faces severe fuel shortages. The Syrian economy has been battered by more than 11 years of war and crippling Western sanctions, pushing 90 percent…

Asharq Al-Awsat

Investors look to emerging markets as planets align for end of dollar bull market

NEW YORK: As the US dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback.

Bangkok Post

The US dollar is getting stronger: African countries are feeling the pain and have few policy options

The US dollar has been advancing rapidly in response to the Federal Reserve’s resolve to keep raising policy rates for longer to regain control of stubbornly high inflation. This has far reaching consequences. The US dollar is prominently used around the world as an international medium of exchange and as…

The Conversation

Lebanon Central Bank to Use Forex Rate of 15,000 Pounds per Dollar as of Feb. 1

Lebanon's central bank will adopt an exchange rate of 15,000 Lebanese pounds per US dollar as of Feb. 1 as part of a process to unify the country's multiple exchange-rate system, Lebanese central bank governor Riad Salameh said on Monday. The central bank's official rate is currently set at 1,500…

Asharq Al-Awsat

Rupee falls 7 paise to close at 81.81 against US dollar

MUMBAI: The rupee depreciated 7 paise to close at 81.81 (provisional) against the US dollar on Monday, tracking the strength of the American currency in the overseas markets and a muted trend in domestic equities.

The Times of India

Oil Prices Ease to Trade Near 2-Month Lows on China Demand Fears, Dollar Strength

Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns over fuel demand from China and US dollar strength weighed on prices. Brent crude futures for January had slipped 74 cents, or 0.8%, to $86.88 a…

Asharq Al-Awsat

Get all your
news in one place.

100's of premium titles.
One news app.

The Times of India

Rupee falls 12 paise to 81.86 against US dollar in early trade

MUMBAI: The rupee depreciated 12 paise to 81.86 against the US dollar in early trade on Monday, tracking the strength of the American currency in the overseas market and a muted trend in domestic equities.

The National (Scotland)

Pound plummets as markets spooked by Tory austerity budget

THE pound has dropped sharply against the US dollar as financial markets fretted over warnings the UK is already in recession and fears Chancellor…

Benzinga

Why The US Dollar, A Safe Haven For Worried Investors, Rebounded On Monday

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week.

Evening Standard

London dealt Brexit blow as the City loses equity market title to Paris

An index compiled by Bloomberg showed combined market capitalisation of primary listings in Paris overtook London in US dollar terms

Get all your
news in one place.

100's of premium titles.
One news app.

Asharq Al-Awsat

Lebanon’s National Currency Tumbles as Central Bank Issues ‘Ambiguous’ Measures

The Lebanese pound exchange rate on the black market has slid to nearly LBP 40,000 to the US dollar amid conflicting reports about a delay in new regulatory measures that the Central Bank is preparing to take, which requires raising the price of allowances for withdrawals from hard currencies. In…

Dynamite News

Rupee Gains 71 Paise to 80.69 Against US Dollar In Early Trade

The rupee appreciated 71 paise to 80.69 against the American currency in early trade on Friday, as moderating US CPI data coupled with the fall in the dollar index boosted investor sentiments. Read more on Dynamite News

Bangkok Post

Down goes the yen, as Japan draws inflation

On Sept 22, Japan's government purchased yen on the foreign-exchange market for the first time since 1998. The finance ministry was attempting to stem the yen's rapid slide, and for a while, the US$20 billion intervention seemed to be working: the yen's value rose from nearly ¥146 (755 baht) per…

Dynamite News

Rupee Vs Dollar: Rupee Gains 67 Paise To 82.14 Against US Dollar

In the previous session on Tuesday, the rupee appreciated by 7 paise to close at 82.81 against the dollar. Read on for details:

Bangkok Post

Vietnam may widen dong trading band again to conserve FX reserves

HANOI: Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the US dollar again, in order to conserve its shrinking currency reserves, a source with direct knowledge of the matter said on Wednesday.

The Conversation

Ghana's economic crisis: expert insights into how things got so bad – and what the fixes are

Ghana is grappling with runaway inflation as prices of basic commodities have spiralled. Government finances are also at their weakest in years. Ghana’s local currency, the cedi, is now the world’s worst performer against the US dollar - a signal of the depth of the country’s economic crisis.

Evening Standard

FTSE 100 Live: Sterling higher as Sunak wins PM battle, Hong Kong shares slide

HSBC kicked off the UK banking sector’s earnings season today by revealing “strong momentum” after net interest income surged on the back of rising interest rates and it retained a “tight grip” on costs.

1 … 55 56 57 58

People

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

Organisations

International Monetary Fund

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.