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Currency: The dollar is falling

25/03/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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The dollar fell on Monday. The threat of intervention on the foreign exchange market by the Japanese authorities and the rise in the Chinese yuan Chinese under

the impetus of the government have weighed on the American currency.

The dollar index was down 0.1% to 104.35, after posting a weekly gain of nearly 1% last week.

The Japanese yen rose slightly during the day and stood at 151.29 per dollar, after reaching a four-month low of 151.86 last week, leaving it close to a 32-year low of 152.86 last week, leaving it close to a 32-year low of 152 for One dollar reached in 2022.

Elsewhere, the Australian dollar rose by 0.21% to $0.6528.

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