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- Burjeel Holdings to manage Adnoc's new Das Hospital
- OETC receives ratings from Moody's and Fitch for sukuk, GMTN programmes
- Qatar attracts over $2.7 billion foreign direct investment in 2024
- Commercial Bank awarded with 'Best Mobile Banking App' by International Finance
- Alba migrates to advanced digital infrastructure with SAP cloud
- GCC's total public spending for 2025 set to hit $542bn
- Advanced fibre technology set to transform Vodafone Qatar services
- Gulf markets fall as Israel-Iran conflict escalates
- Oil Updates - prices rise further as Israel-Iran extends into fourth day
- UAE fuel prices likely to rise as oil rates may cross $100 due to Israel-Iran conflict
31/08/2013 06:05 AST
The yen gained against the majority of its 16 most-traded peers as investors bet the financial turmoil that has weighed on emerging-market assets in August has longer to run, fueling demand for Japan's currency as a haven.
The yen strengthened versus all but one of its major counterparts this week amid the threat of U.S.-led military action against Syria. The euro fell to a one-month low versus the dollar. Norway's krone weakened for third day against the U.S currency after retail sales fell last month and unemployment climbed in August. India's rupee recorded its biggest monthly loss in 20 years on concern a deepening economic slowdown will deter investors.
"Given the situation in Syria, a lot of people are on the sideline," Vassili Serebriakov, a foreign-exchange strategist at BNP Paribas SA in New York, said in a telephone interview. "But there's an interest in turning more bullish on dollar-yen. We're seeing rebuilding in dollar-yen positions."
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Bloomberg
| 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
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