2024-01-15T10:52:32+00:00
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/ The dollar fell on Monday, as investors again bet that the Federal Reserve (the US central bank) will cut interest rates soon, and the yuan also fell to its lowest level in a month after the Chinese central bank surprised the markets by stabilizing interest rates in the medium term. .
This led to the yuan falling in trading inside China to its lowest level in a month at 7.1813 against the dollar. It also declined in foreign trading to 7.1906 against the dollar, approaching its lowest level in a month which it recorded on Friday.
The British pound fell 0.1 percent to $1.2730, but remained close to the highest level in two weeks, which it reached last week.
The Australian dollar rose 0.13 percent to $0.6695, and the New Zealand dollar fell 0.11 percent to $0.6234.