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2025/06/16
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09:39:41
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Latest News:
Newly Appointed Judges to Supreme Court Take Oath of Office
Health Minister Chairs Expanded Meeting of Medical Emergency Committee
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UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff
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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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