has depreciated 1 percent, the lowest since December 2014 according to CNBC.
Earlier, dealers, who tend to travel with currencies other than the US dollar, exchange it for the dollar in other countries and bring back the greenback
in Pakistan as import, were allowed to import 100% worth of US dollars against the export of other currencies such as Saudi Riyal and Euros to Dubai.
The US dollar bull run continues, with some currencies trading at multi-year lows against the greenback
,' Metrobank Research said in its weekly note to clients.
Hedge funds' net positions that profit from a stronger greenback
reached the highest level since February in the week through Oct.
Meanwhile, the euro against the greenback
steadied, in limited trades, in the weekend, in shadow of projections about crucial expected statements from Europe -- namely inflation -- to measure magnitude of the European economy recovery.
MANILA, Aug 10 (Reuters) - The Philippine peso, languishing at a five-year low against the dollar, will lose more ground to the greenback
in the coming months as remittances from millions of Filipinos overseas slow and foreign investors rotate out of the Manila stock market.
Optimisms that the lifting of US-led sanctions could happen only three months away pushed down the exchange rate of the greenback
against the Rial in Tehran, the activists said.
Foreign exchange dealers said that the rupee gained impressively by one rupee and 75 paisas against the greenback
in early morning trade in the open and interbank markets.
Summary: The dollar topped the 100-yen mark on Thursday as the greenback
won support from growing expectations of strong US jobs data while the Bank of Japan issued an upbeat assessment of the world's third-largest economy.
Summary: The Australian dollar slipped below parity with the greenback
Monday and analysts tipped it could .
indicated that the decrease of forex reserves in March was due mainly to the depreciation of major currencies against the greenback
with the euro falling by 0.
The US dollar tumbled to a new all-time low against the Swiss franc on Thursday, as the greenback
was dragged down across the board, on concerns over US debt.
V (NYSE:DSM)( Euronext: KON) announced today that its indirect wholly-owned subsidiary, Greenback
Acquisition Corporation, has commenced its tender offer for all outstanding shares of common stock of Martek Biosciences Corporation (Nasdaq:MATK) at a price of USD31.
With the weak greenback
making dollar-based mining stocks more attractive to investors, the FTSE 100 Index added 10.
Iran's rial rebounded against the dollar yesterday as banks in the Islamic republic offloaded the greenback
to curb the local currency's recent steep losses triggered by sanctions, dealers said.