It’s every nation for itself as dollar batters global currencies ...Qatar

Nations are being forced to go it alone in erecting defences against the relentless strength of the greenback, with no sign that governments are willing to act in concert. Fuelled by hawkish Federal Reserve policy, US economic strength and investors in search of a haven from market swoons, the greenback is surging relentlessly against counterparts big and small by the most in decades. Yesterday, it pushed up to its highest level against the euro in 20 years, and was the strongest against the pound since 1985. Japan has become the latest major country to step directly into the foreign-exchange fray, joining nations from India to Chile that have been tapping their dollar stockpiles in the fig

Hence then, the article about it s every nation for itself as dollar batters global currencies was published today ( Friday 23/09/2022 - 09:08 PM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( It’s every nation for itself as dollar batters global currencies )

Also on site :

• Vue Cinema Chain Halts Liquidation Threat From Coca-Cola Bottling Giant After Settling Unpaid Bill
• 45 Best Nonfiction Books of All Time, According to Librarians
• Amazon's Bestselling Fleece-Lined Thermal Base Layer Set Is Just $35 Ahead of a Major Winter Storm