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The dollar fell to its lowest level since last August

2022-12-01T17:19:48.946Z

Washington, SANA- The dollar fell to its lowest level in 16 weeks against a basket of major currencies today, after it declined



Washington-SANA

The dollar fell to its lowest level in 16 weeks against a basket of major currencies today, after data showed an increase in consumer spending in the United States during the past month.

Reuters reported that the dollar index fell to $104.82 against a basket of currencies, the lowest level since last August, while the euro recorded $1.05175, the highest level since June 29.

The US currency plunged against the Japanese yen to about 135.75 yen, the lowest level since August 19, while the pound sterling rose to $1.22890, its highest level since June 27.

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Source: sena

All business articles on 2022-12-01

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