17-04-2024, 09:34 AM
As the exchange rate continued to surge, foreign exchange authorities promptly intervened verbally to stabilize the market.
This trend is attributed to the strength of the dollar as a safe haven asset amidst looming uncertainties in the Middle East, coupled with delays in the U.S. Federal Reserve's (Fed) interest rate cuts.
https://www.donga.com/en/home/article/al.../4885381/1
This trend is attributed to the strength of the dollar as a safe haven asset amidst looming uncertainties in the Middle East, coupled with delays in the U.S. Federal Reserve's (Fed) interest rate cuts.
https://www.donga.com/en/home/article/al.../4885381/1