1 Day
Source:
مصراوي
Source: مصراوي
1 Dayمصراوي
Source: مصراوي
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The dollar price declined globally and locally by the end of the week, due to falling oil prices and a decrease in U.S. Treasury bond yields, despite ongoing expectations of an interest rate hike in the United States. Locally, the dollar dropped in 10 banks by between 30 and 78 piastres against the pound, while globally, the dollar declined by 0.34% to 100.95 points, even as expectations of U.S. monetary tightening and higher bond yields continued to support the dollar’s strength. The Japanese yen also rose by more than 1%, supported by statements indicating coordination between Washington and Tokyo regarding the currency market, although market expectations suggest it will record its second weekly decline.
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