28th April, 2013
Dollar-gold relationship hits rupee
A sudden demand for gold in Pakistan and India has escalated dollar demand in the open market.
16th April, 2013
Trader admits fraud in $1 billion Apple stock scheme
"What happened here was out of character for a kind and generous family man who has lived an otherwise law-abiding and good life,": Kenneth Murphy
3rd April, 2013
Dollar strengthens against other currencies
The dollar Tuesday gained against other currencies, propelled by solid economic data at home and weak economic reports overseas.
2nd April, 2013
Dollar weakens in Asia after poor US data
The dollar fell against the yen and euro in Asian trade after weaker-than-expected US manufacturing data sparked renewed fears about the state of the world's biggest economy.
25th March, 2013
Currency market in wait-and-see mode
Dull trading was witnessed in the local currency market this week, as leading currency dealers remained on the sidelines, amid lack of buying interest in the open market.
12th February, 2013
Dollar crosses Rs100 on IMF payment
The State Bank made a payment of $146 million to the IMF on Monday which pushed up dollar in the open market to cross Rs 100.
23rd December, 2012
Falling rupee’s impact on industrial sector
The depreciation of the rupee is forecast to impact the profitability and performance of IPPs, telecoms, cements, chemicals, OMCs, fertiliser, autos and textiles.
8th December, 2012
Dollar climbs on jobs data
The dollar headed higher against the euro on Friday, helped by surprise numbers in the November US jobs report.
6th December, 2012
Special Report: Amazon’s billion-dollar tax shield
Amazon used inter-company payments to form a tax shield for the group, behind which it has accumulated $2 billion to help finance its expansion.
20th October, 2012
McDonalds is not lovin’ it
Double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly four per cent.
7th September, 2012
Euro rallies vs dollar on ECB bond-buying plan
The euro hit a two-month peak against the dollar after the ECB unveiled a new and potentially unlimited bond-buying program.
30th August, 2012
Euro slips versus dollar ahead of Bernanke speech
The euro slipped for a second day against the dollar as investors pared back expectations of near-term monetary easing.
14th August, 2012
Dollar gains on US economic data, yen slumps broadly
The dollar jumped against the Japanese yen on Tuesday as investors pared back expectations of further monetary easing by the Federal Reserve.
13th August, 2012
Euro up as investors cover bearish bets
The euro rose against the dollar for the first time in four days as investors pared bearish bets, but investors remain wary.
11th August, 2012
Euro slips versus dollar as ECB optimism fades
The euro headed for its first weekly drop on uncertainty about European Central Bank action to contain the debt crisis and deteriorating growth in the euro zone.
6th August, 2012
Euro rises vs dollar in choppy trading
The euro rose against the dollar for a second straight session on Monday in thin trading, boosted by optimism about a European Central Bank intervention.
24th July, 2012
Euro steadies after China PMI data, Aussie rises
The euro steadied against the yen and the dollar, as investors' risk appetite perked up after improvement in China's manufacturing output.
19th July, 2012
Gold edges up on weak dollar, still lacks direction
Gold edged up after two straight sessions of losses as the dollar weakened, although investors were less than convinced of its direction.
19th July, 2012
Euro steadies as yen gains on renewed Europe concerns
Comments by German Chancellor Angela Merkel rekindled fears about the euro zone debt crisis, to the benefit of the safe-haven yen.
18th July, 2012
Dollar rangebound in Asia
The dollar was rangebound against other major currencies as investors awaited the US central bank's “Beige Book” regional review.