Business
US dollar rises
New York: The US dollar increased against other major currencies on expectations that the Federal Reserve would raise interest rates next week.
The closely-watched US nonfarm payrolls came out better than predicted on Monday, bolstering market speculation for a rate-hike in Fed’s December meeting, as per reported.
Total nonfarm payroll employment increased by 211,000 in November, beating market consensus of 190,000, said the US Labour Department on Friday.
Analysts said the solid job growth “cleared the last hurdle” for the central bank to lift interest rates by year-end for the first time in almost a decade.
The dollar index, which measures the greenback against six major peers, was up 0.31 percent at 98.658 in late trading.
In late New York trading, the euro fell to $1.0846 from $1.0869 in the previous session.
The British pound declined to $1.5066 from $1.5101 in the previous session. The Australian dollar inched down to $0.7266 from $0.7340.
The US dollar bought 123.28 Japanese yen, higher than 123.18 yen of the previous session.
The US dollar hiked to 0.9998 Swiss franc from 0.9975 Swiss franc, and it increased to 1.3510 Canadian dollars from 1.3375 Canadian dollars.
Business
Apple is giving a huge discount on its gadgets: Details inside
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.