24 Hrs
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المشهد العربي
Treasury Secretary affirms dollar strength
U.S. Treasury Secretary Scott Bissent confirmed that the U.S. dollar remains the primary reserve currency worldwide. The growing volume of financial transactions involving the dollar reflects market confidence in the American economy, especially given the clear policies in regulation, taxation, trade, and energy. He noted a slight decline in Russia's and China's holdings of U.S. dollars, but this was offset by increased demand from other countries. The successful auctions of U.S. Treasury bonds also demonstrate ongoing international trust in the American financial system.
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