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الشرق
Dollar at One-Month Low
The dollar fell on Wednesday to its lowest level in a month after Democrats took control of Congress in the midterm elections, amid concerns that tighter restrictions on the artificial intelligence sector could weigh on U.S. growth. Democrats won 220 seats in the House of Representatives, compared with 128 for Republicans, as vote counting continued. Falling Treasury yields and reduced expectations of interest-rate hikes also weighed on the U.S. currency. The dollar index declined 0.6% to 101.27, while the euro rose 0.6% to $1.1258. The yield on 10-year Treasury bonds fell by about five basis points to 4.915%.
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