• About
  • Advertise
  • Contact
Friday, August 19, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Dollar hits a 4 week low, Ruble sinks low

bySidra Butt
April 15, 2021
in Business, Economy, Finance, New, World
Reading Time: 1 min read
0
Dollar
12
SHARES
542
VIEWS
Share on FacebookShare on Twitter

On Thursday, The U.S. dollar sank to a new four-week low versus major peers as Treasury yields pulled back from last month’s surge, with investors increasingly convinced by the Federal Reserve’s arguments that interest rates will stay low for some time.

The Russian ruble sank more than 1% to 76.65 per dollar on reports the U.S. will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity.

RelatedPosts

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Weekly inflation reaching a records, rises to 42.3pc

Pakistan to get $4 billion from Saudi Arabia, UAE, Qatar to shore up reserves

The dollar index, which tracks the greenback against six rival currencies, dipped to the lowest since March 18 at 91.559 in the Asian session before recovering to be basically flat at 91.666. 

The euro rose as high as a four-week top of $1.1989, matching the highest level since March 4, before trading mostly unchanged at $1.19735. 

The dollar changed hands at 108.87 yen, after hitting a three-week low of 108.755 on Wednesday.

“The dollar has been losing steam a bit in line with falls in U.S. bond yields as the Fed has maintained its dovish stance,” said Yujiro Goto, chief currency strategist at Nomura Securities.

Tags: DollarRateRubleYen
Sidra Butt

Sidra Butt

Related Posts

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Leading Saudi infrastructure provider TAWAL Telecom is prepared to launch operations in Pakistan with an annual investment target of $70-80...

Weekly inflation reaching a records, rises to 42.3pc

Weekly inflation reaching a records, rises to 42.3pc

According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, inflation increased significantly in the week that...

Next Post
European market

European Market aiming for corporate earnings and inflation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Queen of Pop Nazia Hassan lights up Times Square

Queen of Pop Nazia Hassan lights up Times Square

World’s Most Followed TikToker Khaby Lame is now an Italian Citizen

World’s Most Followed TikToker Khaby Lame is now an Italian Citizen

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

Saudi Arabia’s TAWAL to invest $80 Million Annually for development of telecom sector in Pakistan

CAA Faisalabad returns bag having Rs2 million valuables to lady air traveller 

CAA Faisalabad returns bag having Rs2 million valuables to lady air traveller 

Weekly inflation reaching a records, rises to 42.3pc

Weekly inflation reaching a records, rises to 42.3pc

Punjab prisons: inmates being enabled to open bank accounts

Punjab prisons: inmates being enabled to open bank accounts

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In