The dollar remained stable on Friday, hovering close to its highest levels in 19 months. This stability follows strong gains throughout the week, driven by increasing expectations for a significant rise in U.S. interest rates.
The dollar index, which measures the performance of the U.S. currency against a basket of other currencies, fell by 0.05 percent to 103.17. Despite this slight decline, it remains at its highest level since April 2025.
The euro decreased by 0.1 percent to 1.1049 dollars, nearing its lowest point against the U.S. dollar since April 2025. On a weekly basis, the euro dropped by 0.8 percent, marking its largest weekly loss since late September.
The yen showed little change, trading at 159.875 against the dollar. This level is close to its lowest since early September, raising concerns about potential intervention.
The Australian dollar experienced a decline of approximately 2.5 percent.
The post “Dollar Approaches Highest Levels in 19 Months” appeared first on Yemen TV.
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