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US dollar rises

Published

9 years ago

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New York: The US dollar climbed against most major currencies as the retail sales data from the country boosted market sentiment for an interest-rate hike in September.

The advance estimates of US retail and food services sales for July were $446.5 billion, an increase of 0.6 percent from the previous month, quoted the Commerce department as saying on Thursday.

The greenback was also supported by the statement of the People’s Bank of China (PBOC) and the slowdown of the Chinese currency RMB’s declines.

According to the PBOC, the RMB will remain strong in the long run with no basis for persistent and substantial depreciation.

Analysts said the statement eased investors’ concerns and shifted market’s focus back to the rate hike in September.

The dollar index, which measures the greenback against six major currencies, was up 0.25 percent at 96.498 in late trading.

In late New York trading, the euro fell to $1.1135 from $1.1162 in the previous session, and the British pound climbed to $1.5612 from $1.5608 in the previous session.

The Australian dollar dropped to 0.7,359 dollar from 0.7,374 dollar.

The US dollar bought 124.45 Japanese yen, higher than 124.22 yen of the previous session.

The US dollar rose to 0.9,770 Swiss franc from 0.9,743 Swiss franc, and it inched up to 1.3070 Canadian dollars from 1.2994 Canadian dollars.

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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