Dollar hits two-month high on inflation fears

Oil prices declined after a 4% increase in the previous session amid concerns over a slowdown in global demand. Meanwhile, gold in the UAE also decreased, with 24-karat gold reaching approximately 516.25 AED. The value of the dollar rose to its highest in two months due to inflation fears and rising interest rates. Additionally, business activities in India reached their highest level in three months, and "Mister Bist" entered a new sector through investments in smart fitness devices.

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