London-Sana
The dollar held today near its highest level in two decades against the major currencies as investors maintain their expectations that the US central bank will raise interest rates again to curb inflation.
Reuters reported that the dollar index, which measures the performance of the US currency, settled against six other currencies currently at 109.69, after retreating from the highest level recorded during this month at 110.79, a level not recorded since June 2002.
The euro was able to rise again above the parity level with the US currency to 1.0016 dollars.
The British pound rose to 1.1458 dollars, but it is still close to its lowest level in 37 years at 1.13510 dollars, which it recorded at the end of last week.
The most prominent meeting for this week remains the Federal Reserve meeting, which begins later today and continues for two days to determine the interest rate.
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