#Dollar

.Mumbai, Maharashtra, India
Indian rupee appreciated after breaking its eight-session long losing streak.

  • On Friday, Indian rupee appreciated 22 paise to close at 73.86 against the US currency
  • The domestic currency had lost 128 paise in the last eight trading sessions till Thursday
  • The rupee gained taking cues from stronger Asian currencies and lower crude oil prices

.New York, NY, USA
The coin smashed the record for the most expensive coin in the world, set by a 1794 Flowing Hair silver dollar. (Photo Credit: Representative Image/Unsplash)

  • The gold coin was sold at a Sotheby's auction
  • The coin is called the 1933 Double Eagle
  • The coin features Lady Liberty and an American eagle

.Mumbai, Maharashtra, India
RuThe Indian rupee started weak this Monday and may weaken further against the dollar on concerns over India's economic outlook. (Photo Credit: Unsplash)pee

  • The domestic unit opened at 73.38 against the US dollar, then fell further to 73.43
  • On Thursday, the rupee had settled at 73.12 against the American currency
  • India recorded an all-time high of 1,03,558 coronavirus infections in a day

.New York, NY, USA
US Dollar was down from 110.72 yen to 110.61 yen. (Representative Image: Pixabay)

  • Broad-based S&P 500 surged 1.2% to close at 4,019.87
  • Meanwhile, Nasdaq was up by 1.8% at 13, 480. 11
  • WHO slammed Europe's vaccine rollout as "unacceptably slow"

.New Delhi, Delhi, India
The Gold prices, which closed at the highest level of Rs 57,008 per 10 gram on August 7, 2020, fell by Rs 11,409 by February 26, 2021. (Photo Credit: Unsplash)

  • The prices of Gold can be seen directly impacted by the prices of the dollar
  • When the demand for American currency goes up, the price of gold goes down
  • Now people are turning to more risky investment options, such as cryptocurrency and equity

.Washington D.C., DC, USA
Bitcoin has emerged as an attractive option for investors. (Photo Credit: Unsplash)

  • Bitcoin  struck $50,547.70
  • The price of the cryptocurrency has soared 75% since the start of 2021
  • Bitcoin is a cryptocurrency that was invented in 2008

.Washington D.C., DC, USA
Bitcoin briefly pushed to a record-high of $48,215.82 after winning a huge boost Monday. (Photo Credit: Unsplash)

  • Asia's main stock indices closed higher, with Tokyo hitting a 30-year high
  • Bitcoin briefly pushed to a record-high of $48,215.82
  • Benchmark crude contract Brent North Sea held around 13-month highs above $60 

.Washington D.C., DC, USA
Wall Street ended on a positive note on Tuesday ahead of the inauguration (Photo Credits: Representational Image/ Unsplash)

  • The statements given by US Treasury Secretary Janet Yellen on Tuesday have provided a boost to the market
  • The vaccine rollout and Stimulus package announced by Biden has helped stabalising the market
  • Dow Jones gained 0.4% while Nasdaq climber 1.5%

.Washington D.C., DC, USA
The stock market experienced a significant dip in the US (Picture Credits: Unsplash)

  • On Monday, US stocks had a stagnant opening and fell sharply at midday
  • The detoriating health care situation in the US is also a concerning factor 
  • Bitcoin fell to $31,000 after reaching an all time high of $35,000

.New York, NY, USA
The records came despite some increasing signs of economic distress due to rising COVID-19 cases. (Representational Image: Pixabay)

  • All three major US indices ended at all-time highs, with the Nasdaq posting its third straight record
  • The pound kept at around 19-month highs against the dollar
  • Tokyo's Nikkei 225 was up 0.2% at 26,806.67