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Last Update: ،
2025/05/22
Time
04:47:33
Latest News:
Deputy Foreign Minister Meets with Deputy Director-General of ISESCO
Leadership Council Chairman Calls for National Unity and Reform on 35th Anniversary of Republic
Ambassador al-Awadhi Discusses Bilateral Relations with Kenyan Official
Justice Minister Discusses Legislative Updates with UNODC
Socotra Governor Discusses Development Needs with SPDRY
Latest News:
Deputy Foreign Minister Meets with Deputy Director-General of ISESCO
Leadership Council Chairman Calls for National Unity and Reform on 35th Anniversary of Republic
Ambassador al-Awadhi Discusses Bilateral Relations with Kenyan Official
Justice Minister Discusses Legislative Updates with UNODC
Socotra Governor Discusses Development Needs with SPDRY
Dollar stabilizes after fears of U.S. interest rate cuts ease
[23/12/2024 06:18]
WASHINGTON-SABA
The dollar stabilized today, Monday, after U.S. inflation data showed a modest rise, easing some concerns about the pace of U.S. interest rate cuts next year.
The dollar index, which measures the greenback's performance against six other major currencies, settled at 107.78 on Monday, near a two-year high of 108.54 touched on Friday.
The euro settled at $1.0434, near a two-year low reached in November.
The yen fell to 156.65 against the dollar, near a five-month low touched on Friday.
In its latest trade, the Australian dollar was at $0.6247.
The New Zealand dollar fell 0.2 percent to $0.5645.
The dollar stabilized today, Monday, after U.S. inflation data showed a modest rise, easing some concerns about the pace of U.S. interest rate cuts next year.
The dollar index, which measures the greenback's performance against six other major currencies, settled at 107.78 on Monday, near a two-year high of 108.54 touched on Friday.
The euro settled at $1.0434, near a two-year low reached in November.
The yen fell to 156.65 against the dollar, near a five-month low touched on Friday.
In its latest trade, the Australian dollar was at $0.6247.
The New Zealand dollar fell 0.2 percent to $0.5645.
Key words:
greenback's - performance - WASHINGTON - stabilized - Australian - currencies - inflation - SABA The - concerns - November -
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