The greenback surged as investors fled volatile AI stocks into safe-haven dollar assets, boosting USD to its strongest level this year.
Tag: dollar
China’s State-Backed 295 Billion Dollar AI Grid Plan Relies on China Mobile and China Telecom
China’s ambitious AI data center grid plan involves leveraging state-backed telecoms China Mobile and China Telecom as primary infrastructure providers.
China Drafts 295 Billion Dollar Plan to Build Nationwide AI Data Center Grid
Beijing is reportedly preparing a 2 trillion yuan plan to develop a state-backed nationwide AI data center network over five years.
Ramp Hits 44 Billion Dollar Valuation as Companies Race to Rein In AI Spending
Business spend management startup Ramp reaches a new valuation high as enterprises seek to manage rapidly escalating AI costs
Japanese Yen Depreciates Further Against US Dollar Prior to Central Bank Meeting
The currency slips past critical thresholds as traders await the Bank of Japan’s policy outlook statement on interest rates.
India’s Foreign Exchange Reserves Stand at $688 Billion as of March 2026
The latest data showed India’s forex reserves were at Rs 65.20 lakh crore approximately $688 billion providing a strong external buffer.
USD to INR Exchange Rate Stands at Rs 95.30 Per Dollar Keeping Import Costs Elevated
India’s currency remains under pressure against the US dollar adding to domestic fuel and commodity costs.
India’s Currency Dollar Exchange Rate Puts Upward Pressure on Fuel and Commodity Import Costs
With the rupee at Rs 95.30 per dollar India’s import-dependent sectors face continued cost pressures.
Silver Futures Fall 1.4 Percent to 75.12 Dollars Per Ounce Amid Broad Commodities Pullback
Silver retreated alongside gold as commodity markets responded to shifting risk sentiment and dollar strength