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Sunday, October 15, 2023

Dollar buoyed by safe-haven bids, rate jitters

The dollar strengthened as tensions in the Middle East increased and investors awaited a speech by Federal Reserve Chair Jerome Powell for insight into the US central bank's rate outlook. The Israeli shekel fell to an eight-year low against the dollar after Prime Minister Benjamin Netanyahu vowed to "demolish Hamas".

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sFTOzNG

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