The Latest Breaking News from US Dollar

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…

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

The rupee plunged 61 points to dip below for the first time and closed at a record low of 83.01 against the dollar. Read more on Dynamite News:

With the Federal Reserve maintaining high-intensity rate hikes, the currencies of China, Japan, and South Korea, all major Asian economies, have been more or less affected to varying degrees, and are under increasing pressure of depreciation. The exchange rates of the Chinese renminbi (with the offshore exchange rate as a…

Syria's pound hit a new low against the dollar on the black market Tuesday, according to websites monitoring the exchange rate, in the latest blow to the war-battered economy. The exchange rate reached more than 5,000 Syrian pounds to the US dollar for the first time since the start of…

Indian IT firms are facing unprecedented margin pressure owing to high employee attrition, rising wage cost.

The Bank of England has intervened again to try and calm markets, as it confirmed it will now begin to purchase index-linked gilts, government bonds with interest payments in line with inflation

Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year earlier, while the cedi has depreciated by 41% year-to-date against the US dollar. These vulnerabilities have been worsened by the aftershocks…

HONG KONG: The yuan surpassed the US dollar for the first time this week to become the most traded foreign currency on the Moscow exchange as tensions with the West push the Russian economy closer to China.