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The dollar fell to its lowest level in 9 months

2023-01-12T17:26:14.018Z


New York, SANA- The US dollar fell against the euro today, to its lowest level in nine months, amid expectations of a crown


New York-SANA

The US dollar fell against the euro today, to its lowest level in nine months, amid expectations that the Federal Reserve (the US central bank) will slow down the pace of raising interest rates.

Reuters reported that the dollar fell 0.34 percent against the euro to 1.0796 dollars and 0.3 percent against the pound sterling to 1.2187 dollars.

The dollar also fell in its latest trading against the yen, 1.75 percent, to 130.2 yen per dollar.

The Australian dollar rose 0.59% to $0.6947, and the New Zealand dollar rose 0.18% to $0.6387.

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Source: sena

All business articles on 2023-01-12

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