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Last Update: ،
2025/11/08
Time
06:49:39
Latest News:
Tariq Saleh Discusses International Efforts to Tackle Climate Change with Turkish Vice President
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Latest News:
Tariq Saleh Discusses International Efforts to Tackle Climate Change with Turkish Vice President
President al-Alimi Concludes Visit to Cairo After Participating in Opening Grand Egyptian Museum
Prime Minister Concludes Visit to Qatar After Participating in the Second World Summit on Social Development
PLC Member Tariq Saleh meets Kuwaiti Oil Minister
Transport Minister discusses with Economic Advisor to UN Envoy economic situations, navigation traffic
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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