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2026-08-10T14:04:41.567Z

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MBN reports Q2 loss of 262.53M riyals

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7 Hrs2026-08-10T14:04:07.591Z
MBN reports Q2 loss of 262.53M riyals

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CICC Bank's Role in China's AI Growth

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US dollar stays near two-month low

US dollar stays near two-month low

The US dollar remained near its lowest level in almost two months following the release of weak employment data in the United States. Investors are now awaiting the upcoming Consumer Price Index report, scheduled for Wednesday, which could influence expectations regarding the US interest rate hikes. The Japanese yen was particularly affected, declining against the dollar despite attempts by speculators to support it. Meanwhile, Brent crude oil prices rose by more than 1.5%, approaching $85 per barrel amid uncertainties regarding negotiations in the Strait of Hormuz. These developments come as markets remain attentive to upcoming monetary policy decisions and economic measures from the Federal Reserve and global central banks.

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