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Currency: The dollar remains firm this Monday

27/03/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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On Monday, the dollar remained stable, while the yen remained close to its seven-week peak. The measures taken by authorities and regulators to appease them inquiétudes concernant le système bancaire mondial are analyzed by investors.

After gaining 0.5% on Friday amid nervousness in the banking sector, with shares in Deutsche Bank falling by nearly 9%, the Dollar Index, which measures the currency against six rivals, was up 0.078% to 103.060. Cautious investors, for their part, pushed the yen up to 129.65 per dollar, its highest level in seven weeks, on Friday. It was 130.70 on Monday. The Australian dollar rose 0.03% against the greenback to $0.665, while the kiwi remained stable at $0.620.

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