The dollar eased slightly on Monday as investors gauged the implications of US President Joe Biden's decision to end his re-election campaign for the Presidential Elections in November 2024. The US currency slipped 0.08% to 157.38 yen early in the Asian day, while the euro gained 0.11% to $1.0895. The British pound gained 0.15% to $1.2931, and the Australian dollar added 0.08% to $0.6691. The Chinese yuan stabilized largely after the central bank's decision to reduce the key interest rate. The dollar stabilized at 7.2881 yuan in external transactions. Source: Qatar News Agency
Related Posts
Turkey to offer $30 billion in high-tech incentives
Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.
His Excellency unveiled the high-tech incentives prog…
European Shares Flat After Best Week in Three Months
European shares opened flat on Monday, following their best weekly jump in three months, as investors prepared for another data-heavy week, with focus on US Federal Reserve Chair Jerome Powell’s speech at Jackson Hole for interest rate cut clues.
The…
The State of Qatar Reiterates Commitment to Partnership with International Community on Sustainable Development Agenda
The State of Qatar stressed its commitment to partnering with the international community to respond to challenges, and its commitment…