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2026/08/14
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Latest News:
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Latest News:
Amb. Mujalli, Polish Official Discusses Houthi Threats in Red Sea
Amb. al-Sunaini Praises Japan's Support for Yemen
Coast Guard Destroy Three Houthi Boats Loaded with Explosives in Red Sea
Al-Arada Calls for Clear International Stance Toward Houthi Attacks
Al-Khanbashi, UNESCO Discuss Heritage Protection in Hadramout
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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