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Currency: the dollar and the rupee fall, the pound rebounded

29/09/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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ce On Monday, the dollar fell before the release of economic data, while The Indian rupee is close to a historical level stockings. la The pound sterling rebounded.

mso-font-kerne:18.0pt; mso-fareast-language:fr; mso-bidi-font-weight:bold.> The Dollar fell back on Monday, on the eve of a series of economic publications in United States likely to provide clarification on the orientation of Federal Reserve rate. At the same time, the increasing risk of a Shutting down the American government was at the center of concerns markets. Currency movements remained generally restricted during The Asian session, even though the dollar lost some of its gains recorded last week, driven by the decrease in expectations of Fed rate cuts.

Facing yen, the greenback fell by 0.4% to 148.94, after rising by more than 1% against the Japanese currency the previous week. The index of Dollar fell by 0.22% to 97.93, after rising by 0.5% last week.

The Indian rupee closed very close to its highest Record low on Monday, as foreign capital outflows persisted and the demand for corporate dollars continued to weigh on the currency South Asian. The rupee ended the session at 88.76 per US dollar, its lowest closing level ever recorded, down slightly by compared to its close on Friday at 88,7175. The currency had hit a record high absolute of 88,7975 last week.

The book On Monday, Sterling headed for a second consecutive session of gains against to the dollar and the euro, while investors paused after two weeks of losses fuelled by concerns about the outlook economic and budgetary matters in the United Kingdom. On Friday, the pound sterling was appreciated by 0.26% to 1.3434 dollars, erasing some of the losses of 1.15% suffered in the last two weeks. On the same period, the US dollar index, which measures the currency against a basket of major currencies, fell by around 0.6%

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