Please wait...
GulfBase Live Support
- Major Gulf markets jump after Israel-Iran ceasefire
- Gulf Bank offers 10 essential tips to help travelers stay safe
- NIC expands regionally with first office at DIFC to serve a wider client base
- Salalah Mills signs agreement to Import 110,000 tonnes of Russian wheat
- Saudi Arabia driving $2bn Mideast social infrastructure project activity
- Regional workshop in Muscat highlights e-commerce and digital economy statistics
- Consumer Price Index in Oman rises by 0.6% in May 2025
- Qatar's digital economy bolstered by AI-driven initiatives
- Dollar rises as investors turn to safe-haven assets
- China Says Aims to Boost Gold Resources by 5-10% by 2027
24/06/2025 00:05 AST
The dollar rose Monday as investors turned to safe-haven assets, but the restrained moves suggest markets are monitoring developments in the Middle East.
In currency markets, the euro was 0.33% lower at $1.1484, while the Australian dollar, often seen as risk proxy, hit a one-month low and was last 0.67% weaker at $0.6408.
That left the dollar index , which measures the US currency against six other units, 0.12% higher at 99.037.
Sterling was 0.26% lower at $1.3416, while the New Zealand dollar sank 0.68% to $0.5926.
The dollar was up 0.52% against the yen at 146.81 after touching a one-month high earlier in the session.
QNA
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
27/05/2025
The US dollar index, which tracks the currency against six major rivals, sank 0.3% to 98.813, while the euro jumped along with risk-sensitive currencies like the Australian dollar on Monday after Pre
QNA
27/05/2025
The euro hit a one-month high against the dollar on Monday, after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, after the bloc asked for
Reuters
19/05/2025
The U.S. dollar trimmed a four-week gain in early Asian trade as markets digested a surprise downgrade of the U.S. government's credit rating and as lingering trade frictions weighed on sentiment.
Reuters
19/05/2025
India's foreign exchange reserves (forex) rose $4.553 billion to $690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed.
The previ
Times of Oman
15/05/2025
The US dollar stabilized on Wednesday after recording its largest drop in more than three weeks overnight.
The decline followed lower-than-expected US consumer inflation data, bolstering the
QNA
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia