Dollar Quarterly Rise
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Taliban Controls The World's Best Performing Currency This Quarter
Billions of dollars from humanitarian aid and rising trade with Asian neighbours have propelled Afghanistan's currency to the top of global rankings this quarter - an unusual spot for a poverty-stricken country.
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Snapchat's Daily Active Users Rise 14 Percent YoY to 397 Million in Q2 2023, Snap Gives Weak Outlook for Q3
Photo messaging app owner Snap on Tuesday gave weaker third-quarter guidance than analysts had expected as it works to compete with tech giants for advertising dollars, sending its shares down 18 percent. The company's Snapchat app has attracted hundreds of millions of users thanks to its light-hearted photo filters and new AI-powered chatbot that ...
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Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
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EA Lowers Annual Booking Forecast for 2022 Amid Decades-High Inflation, Strong Dollar
Electronic Arts has lowered its annual bookings forecast, amid the rising dollar and a fall in demand for games during the ongoing coronavirus pandemic. While research suggests that the gaming market is expected to grow just 2 percent in 2022, Apex Legends creator EA had no major releases in the first three quarters of 2022, until FIFA 23 was launc...
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Rupee Hits Two-And-A-Half-Year High Against US Dollar: 5 Points
The rupee had risen almost 6 per cent against the US dollar in 2017, buoyed by strong inflows into Indian capital markets.
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India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
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Taliban Controls The World's Best Performing Currency This Quarter
Billions of dollars from humanitarian aid and rising trade with Asian neighbours have propelled Afghanistan's currency to the top of global rankings this quarter - an unusual spot for a poverty-stricken country.
-
Snapchat's Daily Active Users Rise 14 Percent YoY to 397 Million in Q2 2023, Snap Gives Weak Outlook for Q3
Photo messaging app owner Snap on Tuesday gave weaker third-quarter guidance than analysts had expected as it works to compete with tech giants for advertising dollars, sending its shares down 18 percent. The company's Snapchat app has attracted hundreds of millions of users thanks to its light-hearted photo filters and new AI-powered chatbot that ...
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Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
-
EA Lowers Annual Booking Forecast for 2022 Amid Decades-High Inflation, Strong Dollar
Electronic Arts has lowered its annual bookings forecast, amid the rising dollar and a fall in demand for games during the ongoing coronavirus pandemic. While research suggests that the gaming market is expected to grow just 2 percent in 2022, Apex Legends creator EA had no major releases in the first three quarters of 2022, until FIFA 23 was launc...
-
Rupee Hits Two-And-A-Half-Year High Against US Dollar: 5 Points
The rupee had risen almost 6 per cent against the US dollar in 2017, buoyed by strong inflows into Indian capital markets.
-
India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
