Page 2 - Dollar Demand News Today

Sterling Undermined by Dollar Demand, Pound to Euro Rate Tests 1.15

A directional move in the rupee is likely only if the local unit gains beyond 82.50 or weakens below 83, said Dilip Parmar, a foreign exchange research analyst at HDFC Securities.

(Bloomberg) -- The Nigerian naira extended its slump in black-market trading as the nation’s dollar shortage deepened two months after the central bank moved to a more flexible exchange rate to encourage inflows. Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce As...

Kenya required more money to buy less military equipment such as guns and tanks last year due to the weakening of the shilling against the US dollar.

The energy-sensitive rupee weakened to near 76 per dollar on Wednesday as oil prices rose on supply concerns, and a record hike in domestic fuel rates has put the focus back on already high inflation.

Blaming the democracy deniers in washington d.c. or running for office, we have to look at the people who go along with this big lie. >> still ahead on "morning joe," new details about what cyber security experts are calling the single biggest global ransomware attack on record. including a new multimillion dollar demand from hackers. plus the latest on infrastructure negotiations, could we see a possible second bipartisan package? also ahead, a new warning from the former head of britains mi-...

>> heather: so, byron, it sounds like the democrats, nancy pelosi specifically, has basically taken the ball and gone home. >> this is a total stand still right now. for any viewers who are hoping there was behind the scenes action going on, maybe there were offers and counter offers and negotiations, no. its not happening. theres none of that going on. now, it does appear that the president has reduced his demand in a couple of ways. he has reduced his dollar demand. he was wanting $5 billion f...

It sent 2,000 photos back to earth. historic mission there. again that slammed into mercury. anna and ainsley, lets head over to you. >> maria molina. thank you very much. >> glad it did not slam into the earth. it is 10 minutes after the top of the hour. kindergarten hero. >> i dont know what mom is doing but i need someones help. >> the life saving call that will have every parent reminding their children how to call 911. >> and the pregnant popeye manager fired after coming face to face with ...

the deficit and raise the debt ceiling. meanwhi meanwhile, the specter of default comes ever closer. frankly, its the tone of these debates that has a lot of people scared and this is a guy whos scaring a lot of folks tonight. congressman joe walsh, republican from illinois, a freshman backed by the tea party. hes been known to say blunt things when criticizing president obama. these comments might just take the cake. i want to show you a video congressman walsh shot and posted to his ...

The american people what we have to do, we have to make hard choices. what are our principles and where are we trying to go? i did not hear the amount of debt ceiling increase with it, and i presume the $2.4 trillion, but we should be doing something with the debt ceiling increase if we do it at all to bring it to a conclusion a year from now to reassess the situation rather than all of us seeking to dodge that bullet before the election in 2012. >> i would like to ask you that, congressman, kno...