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- Oman gold buyers face record prices ahead of Indian festive season
- talabat partners with AAW to offer Intersport products via its platform
- Kuwait and Turkey seek to unlock shared potential of bilateral ties
- Fintech Forward 2025 in Bahrain set to welcome UK delegation
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01/10/2025 04:43 AST
The US dollar fell on Tuesday as investors braced for a possible US government shutdown that would delay release of the crucial jobs report this week, while the Australian dollar rose after the central bank struck a cautious tone on inflation.
The Aussie gained 0.49% to $0.66075 after the Reserve Bank of Australia held rates steady as expected.
The broader US currency index dropped 9.7% this year, at 97.928.
The euro was a shade lower at $1.172, while sterling was at $1.3436.
Benchmark 10-year Treasury yields were little changed at 4.142%, after dropping 4.6 bps on Monday. They have dropped 8.3 bps for the month.
QNA
| 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 |
29/09/2025
The Iranian rial plummeted to a record low against the US dollar on Sunday after the reinstatement of United Nations sanctions, according to currency-tracking websites.
On the black market,
Asharq Al Awsat
26/09/2025
A consortium of nine European banks, including ING and UniCredit, said on Thursday they are forming a new company to launch a euro-denominated stablecoin, a move they hope will help counter U.S. digi
Khaleej Times
19/09/2025
Up until now, cryptocurrencies have only been available via specialised exchanges and platforms. But in the UAE, banks are starting to offer a simpler alternative to buying and selling crypto.
Khaleej Times
11/09/2025
Remittances from the UAE are on the rise as several South Asian currencies have weakened in recent weeks. The key question: will this trend continue?
For those sending money home, timing is
Gulfnews
08/09/2025
Many Indian expatriates are adopting a "wait and watch" approach to sending money back home, even as the Indian rupee slipped to record lows against the UAE dirham. Some are waiting for the rupee to
Khaleej Times
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