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البلاد
Alain stabilizes and dollar nears six-week low
The article discusses the decline of the global currency markets following the United States' intervention to support the Japanese yen, which rose slightly to 157.60 yen per dollar after a previous decline. It remains far from its 40-year low of 164 yen per dollar. The U.S. Treasury Secretary confirmed that the United States will take all necessary measures to support the stability of the yen, with expectations of an increase in Japanese interest rates at the upcoming September meeting. Meanwhile, the dollar index remained at 99.85 amid volatility, while oil prices fell by 0.3% after a prior decline, amid hopes for successful diplomatic talks to resolve the crisis with Iran, along with news of ongoing negotiations regarding the Strait of Hormuz.
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