US dollar down as inflation data feeds rate cut frenzy
ALBAWABA – The US Dollar extended its dip over the weekend, having fallen to the lowest since July on Friday, as data fuelled expectations that the Fed
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ALBAWABA – The US Dollar extended its dip over the weekend, having fallen to the lowest since July on Friday, as data fuelled expectations that the Fed
On December 21, the domestic unit settled at 83.27 against the American currency
The Indian currency, however, remained under pressure due to continuous upward movement in the crude oil price triggered by evolving geopolitical situation and outflow of foreign funds, forex traders said.
Sri Lanka’s rupee closed at 325.25/45 to the US dollar on Friday, dealers said.
At the interbank foreign exchange, the domestic currency traded in the range of 83.11 to 83.27 against the greenback during intra-day