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US dollar falls despite strong economic data

Published

9 years ago

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New York: The US dollar declined against most major currencies on Friday despite the solid economic data from the country.

The US Producer Price Index (PPI) for final demand increased 0.3 percent in November, beating market consensus, the Labour Department reported on Friday.

Meanwhile, the Commerce Department said that advance estimates of U.S. retail and food services sales for November rose 0.2 percent from the previous month to $448.1 billion, as per reported.

However, the greenback was under pressure as market concerns accumulated amid the slumping oil prices, which fell to near seven-year low on Friday. Safe-haven currencies, including Japanese yen and Swiss franc, climbed against the US dollar during the session.

The dollar index, which measures the greenback against six major peers,was down 0.41 percent at 97.542 in late trading.

In late New York trading, the euro increased to $1.0994 from $1.0936 in the previous session, and the British pound rose to $1.5229 from $1.5159 in the previous session. The Australian dollar dropped to 0.7191 dollar from 0. 7289 dollar.

The US dollar bought 120.78 Japanese yen, lower than 121.62 yen of the previous session.

The US dollar slipped to 0.9820 Swiss franc from 0.9891 Swiss franc, and it went up to 1.3735 Canadian dollars from 1.3618 Canadian dollars.

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

Published

3 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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