Rate of Exchange for Dollar

The Fed rate cut affects the US dollar. Should international travelers worry?

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.

Marketplace · 5d

With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors

The effect of a declining dollar is likely to be subdued, said economist Eswar Prasad, since other nations are seeing weak economic growth.

Reuters on MSN · 2d

Dollar slips in choppy trading as traders grapple with Fed's giant rate cut

Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.

2don MSN

USD/ZAR: Rand levels to watch as SARB starts rate cuts

The South African rand surged to its highest point since July after the Federal Reserve started cutting interest rates and as ...

VietnamPlus2d

Reference exchange rate down on Sept. 20

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,148 VND/USD on September 20, down 19 ...

Iraqi News3d

US dollar exchange rate drops in Iraq

The US dollar exchange rate against the Iraqi dinar declined in Baghdad and the capital of the Kurdistan region of Iraq, ...

Daily Post Nigeria on MSN2d

Naira to dollar exchange rate records slight depreciation on Thursday

This represents a slight 4.37 depreciation against the dollar on Thursday compared to the N1539.65 exchange rate on ...

Malaysia Sun3d

Market exchange rates in China -- Sept. 19

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the ...

Exchange Rates2d

Pound To US Dollar Rate Firms Following UK CPI

The Pound US Dollar (GBP/USD) exchange rate strengthened on Wednesday following the publication of the UK’s latest inflation ...

legit3d

Naira to Dollar Exchange Rate, Inflation in Focus As CBN Announces September Date for MPC Meeting

The Central Bank of Nigeria (CBN) has announced the next monetary policy committee (MPC) meeting, which is scheduled for ...

Daily Post Nigeria13d

Naira nears N2000 per dollar exchange rate at black market

The Naira raced to N2,000 per dollar at the black market on Saturday despite the Central Bank of Nigeria's sale of dollars to ...

Exchange Rates5d

Pound To Canadian Dollar Weekly Outlook: GBP/CAD Exchange Rate Buoyed As Loonie Slumps

The Pound Canadian Dollar (GBP/CAD) exchange rate trended broadly lower through the first half of last week’s session, but ...

8hon MSN

The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again

"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong ...

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