Us Dollar Value News Today : Breaking News, Live Updates & Top Stories | Vimarsana

An upward movement in crude oil prices, however, weighed on the Indian currency, according to forex traders.

OPEC+ and Russia agreed on a new oil output deal to stabilize prices. Concerns about weak global demand, punishing speculators, rising US output, and tensions with Washington influence the decision.

The dollar surged this month against its peers in developed and emerging nations as persistently high inflation in the US bolstered bets for more aggressive Fed rate hikes

Rupee advances by 23 paise to 74.64 vs US dollar in early trade The Indian rupee started this Tuesday on a stronger note against the US dollar, tracking the overall weakness of the dollar, Reliance Securities said in a research note PTI | April 20, 2021 | Updated 11:39 IST The rupee advanced by 23 paise to 74.64 against the US dollar in opening trade on Tuesday, tracking weaker dollar against key rivals and a positive trend in the domestic equity market. Forex traders said the government''s decision to open COVID vaccination to all above 18 years from May 1 lifted investor sentiment. At the...

Source: NSE, Nifty50 — at closing prices on March 15 Tech Mahindra is the best performing stock among its IT peers. One of the reasons is its latest acquisition — Hyderabad-based Perigord. Tech Mahindra has bought up 70% stake to acquire the leading supplier of consultancy and labelling artwork solutions to the global pharmaceutical industry. Advertisement But the cumulatively strength of the industry to stay in the green has more to do with the hopes of a stronger dollar. Like India, the US is currently caught in the conundrum of chasing growth and rising prices. Investors in the US an...