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Last Update: ،
2025/08/16
Time
03:18:12
Latest News:
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Latest News:
Aircraft "Kingdom of Awsan" arrives Aden International Airport
President al-Alimi Congratulates on Korean National Day
President al-Alimi Congratulates on the Anniversary of India's Independence
Supreme Council of Energy endorses plans to improve electricity services
Marib Deputy Governor discusses enhancing humanitarian partnership with UNDP, UNICEF
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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