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Currency: the dollar and the rupee falling

05/09/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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This weekend, the dollar fell as bond markets are stabilizing. For its part, the Indian rupee reaches a historic low.

The dollar fell against major currencies on Friday, thus reducing its weekly gains, while the markets bond prices were stabilizing and investors were waiting for data keys to American employment, likely to strengthen the prospect of a interest rate cut by the Federal Reserve.

The dollar lost 0.2% to 148.14 yen. The euro rose by 0.2% on the day, to 1.1682 dollars.

Friday, the dollar index, which measures the currency American currency against a basket of major currencies, fell by 0.2% to 98.018, bringing its weekly gain to 0.2%.

The Indian rupee fell to an all-time high On Friday, traders remained nervous about rights-related news of American customs on India, while a probable intervention by the Reserve Bank of India (RBI) through sales of dollars helped contain greater losses, according to operators.

The rupee fell to 88.36 against the dollar American, thus surpassing its previous all-time low of 88.33 reached September 1st.

The motto was recently traded at 88.2750, down 0.1% on the day

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