22 Hrs
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الاقتصادية
Source: الاقتصادية
22 Hrsالاقتصادية
Source: الاقتصادية
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The dollar index hit a 19-month high, rising 0.15% to 103.02 points, as investors increasingly bet on U.S. interest-rate hikes following an increase in inflation in October and hawkish comments from Federal Reserve officials. A 50-basis-point hike remained on the table, with further increases expected in December and early next year. Meanwhile, the dollar rose 0.04% to 159.83 yen, nearing the 160 mark, despite a Bank of Japan official’s warning against raising rates soon. Japanese wholesale-price inflation accelerated to 7.1% in October, up from 6.8% in September.
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