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الاقتصادية
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الاقتصادية

2026-11-11T05:39:16.359Z

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CIB up 2% as profits drop
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Dollar gains on inflation

Dollar gains on inflation

The dollar held on to its gains near a two-week high after its index rose 0.5% on Tuesday to 102.22, supported by data showing that U.S. inflation rose more than expected in October and by Federal Reserve officials’ warnings that inflationary pressures remained persistent. This strengthened expectations of another interest-rate hike, as traders pared back bets that rates would remain unchanged at the meeting scheduled to conclude on December 9. The euro was steady at $1.1168 and sterling at $1.3345, while the dollar stood at 158.715 yen.

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