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وكالة الأنباء القطرية
US dollar holds steady before central banks
The global currency markets experienced relative stability in the US dollar exchange rate ahead of the upcoming central bank meetings next week. The British pound rose to a one-month high of 1.3409 dollars following strong UK inflation data, but settled at 1.33955 dollars. Similarly, the Australian dollar maintained a level above 70 cents at 0.7025 dollars, and the New Zealand dollar reached a one-month high of 0.5709 dollars due to expectations of a rate hike in New Zealand. The Canadian dollar remained close to its one-month high at 1.4032 CAD. Threats of intervention and the potential for interest rate hikes kept the Euro and Yen within narrow ranges, with the Yen remaining at 158 against the dollar.
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