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Al-Ain reaches three-month high as dollar stabilizes
The Japanese yen jumped to its highest level in three months against the dollar, gaining as much as 1% to reach 155.20 yen before easing some of those gains and settling at 156.46 yen, amid expectations of Japanese authorities stepping in to support the currency. This was accompanied by limited pressure on the dollar, which remained steady at an index of 99.70. Meanwhile, other currencies such as the euro and the British pound rose, reflecting market anticipation of significant movements in the foreign exchange market.
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