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Last Update: ،
2026/10/02
Time
02:01:04
Latest News:
Dr. al-Alimi Confers with British Ambassador over Bilateral Cooperation
Cabinet Approves Executive Measures for Fulfilling General Mobilization, Appreciates Saudi Support
Yemen Ambassador Discusses with Jordanian Official Ways to Enhance Cooperation
President al-Alimi: Militias Started This War, But Armed Forces Will End It in Way Meets Aspirations ..
Heavy Fighting Erupts Across Taiz Fronts as Government Forces Inflict Losses on Houthis
Latest News:
Dr. al-Alimi Confers with British Ambassador over Bilateral Cooperation
Cabinet Approves Executive Measures for Fulfilling General Mobilization, Appreciates Saudi Support
Yemen Ambassador Discusses with Jordanian Official Ways to Enhance Cooperation
President al-Alimi: Militias Started This War, But Armed Forces Will End It in Way Meets Aspirations ..
Heavy Fighting Erupts Across Taiz Fronts as Government Forces Inflict Losses on Houthis
Dollar declines more than 0.5 percent amid interest rate cuts anticipation
[25/09/2024 01:07]
WASHINGTON-SABA
The dollar index fell more than 0.5 percent on Wednesday as a result of strong stimulus moves announced by China yesterday, and increased expectations of another major cut in interest rates in the United States in November.
Against a basket of currencies, the dollar settled at 100.26, near a more than one-year low of 100.21.
The Australian dollar rose to $0.6908 in early Asian trade, hitting its highest level since February 2023.
The New Zealand dollar climbed to a nine-month high to settle at $0.63555.
The Chinese Yuan rose to a 16-month high of 7.0012 against the dollar.
The dollar index fell more than 0.5 percent on Wednesday as a result of strong stimulus moves announced by China yesterday, and increased expectations of another major cut in interest rates in the United States in November.
Against a basket of currencies, the dollar settled at 100.26, near a more than one-year low of 100.21.
The Australian dollar rose to $0.6908 in early Asian trade, hitting its highest level since February 2023.
The New Zealand dollar climbed to a nine-month high to settle at $0.63555.
The Chinese Yuan rose to a 16-month high of 7.0012 against the dollar.
Key words:
expectations - Against - WASHINGTON - Australian - currencies - yesterday - SABA The - Wednesday - increased - announced -
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