FOREX-Dollar Hits 20-year High as Fed Flags Higher Rates for Longer

By Rae WeeSINGAPORE, Aug 29 (Reuters) - The U.S dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down soaring inflation.The dollar index scaled to a fresh two-decade pe...
27 September 2022 ·
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· 11 · Wall Yilmaz