Sentences with phrase «against the greenback by»
With a couple notable exceptions, the consensus on the street appears to be that the single currency will rise to 1.25 or 1.30 against the greenback by the end of the year, supported by accelerating economic growth in the Eurozone and an end to the European Central Bank's (ECB) quantitative easing program.
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The euro, which has been knocked by weaker - than - expected economic data and growing doubts about when the European Central Bank will normalize its monetary policy, fell 0.67 percent against the greenback to $ 1.998.
Russia's sovereign credit rating was recently downgraded by ratings agency Moody's, while its currency slumped to record lows against the greenback amid ongoing incursions in Ukraine and the risk of harsher sanctions from the West.
Meanwhile, Ukraine's hryvnia has dropped nearly 80 percent against the greenback this year, to trade at 15,7085 per $ 1 on Monday, off last month's all - time low of 15,8817, weighed by tensions between government forces and rebels in the country's eastern regions.
In April however the single currency has fallen rapidly to a four - month low against the dollar, with the greenback buoyed by the U.S. Treasury yields topping three percent and expectations the Federal Reserve will further raise interest rates.
The Japanese yen is the overall winner against the greenback, underpinned by another bad day in Wall Street.
Based on the U.S. Dollar Index, the greenback has slid so far this year by 9.4 % against rival currencies.
Mumbai: The rupee firmed by 13 paise to 66.53 against the dollar in early trade on Thursday on increased selling of the greenback by exporters and banks.
The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level since January 11.
The possibility of a demand for second referendum by Nicola Ferguson Sturgeon, leader of the Scottish National Party, and EU's tough stand against Britain made us forecast Pound's decline against the Greenback, on March 2nd.