Archive for the January 4, 2018
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The dollar rallied on Wednesday after upbeat US manufacturing and construction data, snapping a three-week losing streak as investors awaited the release of the Federal Reserve's December policy meeting minutes. The US currency was on
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The dollar dropped on Tuesday to its lowest in more than three months, weighed down on the first trading day of 2018 by expectations of a slower pace of interest rate increases by the Federal
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Interbank buy/sell rates for the taka against the dollar on Wednesday. 82.70-82.70 (Previous 82.70-82.70). Copyright Reuters, 2018
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The Sri Lankan rupee closed steady on Wednesday in dull trade, as demand for dollars from importers and banks offset conversion of the US currency by exporters, dealers said. The spot rupee, which traded at
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The Thai baht surged to its highest in well over two years while some other Asian currencies trudged lower against the dollar as investors awaited the minutes of the US Federal Reserve's December policy meeting.
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China's yuan eased against the US dollar on Wednesday after the central bank set the daily midpoint at its strongest level in 20 months, prompting a rush of dollar buying by corporates. Prior to market
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Sterling slipped from a three-month high above $1.36 on Wednesday, with currency traders cautious about pushing the pound too far without any new catalysts. The pound had earlier reached as high as $1.3614, its strongest
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The Australian and New Zealand dollars consolidated near multi-week highs on Wednesday as a spate of rousing factory surveys from around the globe seemed to bode well for the two countries' commodity exports. The Aussie
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Most major Gulf stock markets rose on Wednesday as some buyers returned from New Year holidays, and shares in Dubai's blue chip Emaar group rebounded for a second straight day. Egypt lagged, however, led lower
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China stocks rose for a fourth straight session on Wednesday, aided by strong gains in consumer and transport firms. At the close, the Shanghai Composite index was up 21.77 points or 0.65 percent at 3,370.10.
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