Dollar gains amid Fed rate cut speculations, Japan’s Yen dips | Republic World
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Published 07:47 IST, May 8th 2024

Dollar gains amid Fed rate cut speculations, Japan’s Yen dips

The offshore yuan retreated from a more than three-month high recorded last week, supported by expectations of additional policy stimulus from Beijing.

Reported by: Business Desk
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Emerging market currencies feel pressure due to a strong dollar and concerns over sustained US interest rates.
Representative | Image: Pexels
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07:47 IST, May 8th 2024

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