18 Hrs
Source:
المشهد
Dollar firm amid tensions
The dollar held firm as a safe haven amid tensions between the United States and Iran and concerns over the US midterm elections. Its index edged up to 101.81 after falling to a one-month low. The offshore yuan slipped as much as 0.34% to 6.67 per dollar, while the Australian dollar fell 0.35% to $0.6974 despite the central bank raising interest rates by 25 basis points to 4.85%. Brent futures also recovered 0.5% to $105.25 a barrel following US strikes on Iran’s Qeshm Island.
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