18 Hrs
Source:
الشارقة 24
Dollar reaches 18-month high
The price of the dollar experienced a significant increase, reaching its highest level in 18 months, following expectations of the Federal Reserve resuming interest rate hikes later this month. As a result, the U.S. dollar index, which measures the currency’s performance against six major currencies, rose by 0.68% to 102.86, the highest since April 2025. Meanwhile, the euro hit a 17-month low at 1.1121 dollars, the British pound dropped to 1.3178 dollars, and the Japanese yen declined to 158.81 against the dollar.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)