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MARKET RATE FOR US DOLLAR IN IRAQ
Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
Gold slides to two-month low as robust dollar, yields add pressureGold prices have fallen to a two-month low due to a strong US dollar and rising Treasury yields. Spot gold dropped 1.6% to $4,096.13 per ou...
Markets can be irrational in the short run: What RBI Governor Sanjay Malhotra said as rupee nears lifetime lowThe rupee neared its record low after the RBI raised the repo rate to 5.50%. Governor Sanjay Malhotra said the currency may be undervalued,...
Rupee falls 22 paise to 96.57 against US dollar post RBI rate increaseThe Indian rupee experienced a drop following the Reserve Bank of India's decision to raise interest rates by 25 basis points. This move is...
Dollar holds losses as markets await Fed minutes, speakersThe US dollar faced a downturn while European bond markets began to stabilize, affecting overall currency landscapes. Traders are eyeing th...
Global Market: Euro under pressure as France debt worries, Spain vote weighThe euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the ...
Gold steady as firm dollar counters softer US rate-hike betsGold prices demonstrated stability amidst a stronger dollar, which countered the positive effects of moderating Federal Reserve rate hike a...
Why US Treasury bond yields matter, what it means for Indian investors, and the impact on rupeeCutting through money jargon, one topic at a time. This week, Sanket Dhanorkar explains why yields on US Treasury bonds matter, and what it...
How rising US bond yields and dollar recovery is weighing on goldGold is facing renewed selling pressure after the US Fed’s rate hike, with higher Treasury yields and a stronger dollar reducing the appeal...
Global Market: Euro hits 17-month low as French fiscal worries boost dollarThe euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthe...
Dollar holds firm as French fiscal woes keep euro on back footThe dollar's ascent continues, climbing to a 17-month peak as the likelihood of a Federal Reserve rate increase diminishes. Meanwhile, Euro...
First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
Iran airlines resume flights to Iraqi holy city after US exemptionIranian airlines have resumed flights to Najaf, Iraq, following a US exemption allowing sanctioned carriers to operate. The agreement permi...
US dollar climbs to 17-month high as bond rout, French fiscal worries weigh on euroThe US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over i...
US 10-year yield at 24-year high rattles Nifty, rupee and bond markets. Why is India hit hard?The US 10-year Treasury yield surged to a 24-year high, triggering a global bond sell-off and pressuring Indian equities, bonds and the rup...
The US military says its withdrawal of troops from Iraq is completeThe US military has finished withdrawing all troops from Iraq, marking the end of a 12-year mission. This withdrawal culminated in the hand...
Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
US forces exit Iraq, emboldening Iran's proxies and Islamic StateUS forces completed their withdrawal from Iraq after 23 years of military presence. This departure is seen as a victory for Iran and its al...
US Forces leave Iraq after two decades of warUS forces are set to withdraw from their last bases in Iraq by Wednesday, which is viewed positively by Iran. This military departure signi...