scorecardresearchUS dollar sees one of the largest single-day drop in 2022

US dollar sees one of the largest single-day drop in 2022

Updated: 11 Nov 2022, 12:58 PM IST
TL;DR.
In October, the dollar index lost nearly 0.51% of its value; so far in November, it has lost nearly 3.47%. At its current price of 107.73, it was trading down almost 6.13% from its 2022 peak of over 114.77. However, the dollar index is still up by 11.60% in this current year.
Taking positive cues from the US markets, Indian equity markets jumped off to a strong start on Friday. The Sensex opened Friday's trading session with a gap up of 698 points at 60,524 after losing 430 points on Thursday.

Taking positive cues from the US markets, Indian equity markets jumped off to a strong start on Friday. The Sensex opened Friday's trading session with a gap up of 698 points at 60,524 after losing 430 points on Thursday.