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US Dollar Rises After Inflation Data Release, Boosting Rate Hike Expectations

The U.S. dollar rose on Friday after data showed inflation rose in March, albeit at a slower pace, keeping the Federal Reserve firmly on track to raise interest rates at…

Gold companies after rate hike, Fed signals pause in increases

Last update: 04 May 2023, 00:45 IST The Fed raised interest rates by a quarter of a percentage point to ease inflationary pressures that have kept price inflation well above…

The Rupee gains 6 paise to close at 81.81 against the US Dollar

The dollar index, which measures the strength of the greenback against a basket of six currencies, fell 0.41% to 101.54. Traders said strong inflows of foreign funds and crude oil…