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Last Update: ،
2026/08/25
Time
07:25:39
Latest News:
Ambassador of Yemen to Washington: Strong Yemen, Capable of Securing One of the World’s Most Vital ..
Deputy Minister of Planning Discusses with WFP, UNICEF Enhancing Humanitarian, Nutritional Interventions
Prime Minister: Yemen Will Not Remain an Open Arena for a Cross-Border Project
Terrorist Houthi Militias Continue To Fire projectiles On Civilians In Taiz
Leadership Council Endorses Further Integrated Deterrence Measures, Avows Preparedness Of Armed Forces ..
Latest News:
Ambassador of Yemen to Washington: Strong Yemen, Capable of Securing One of the World’s Most Vital ..
Deputy Minister of Planning Discusses with WFP, UNICEF Enhancing Humanitarian, Nutritional Interventions
Prime Minister: Yemen Will Not Remain an Open Arena for a Cross-Border Project
Terrorist Houthi Militias Continue To Fire projectiles On Civilians In Taiz
Leadership Council Endorses Further Integrated Deterrence Measures, Avows Preparedness Of Armed Forces ..
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:
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German Exports Rise 3.9 Percent
Tunisian Economy Grows 2.3 In 2Q
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Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
