Japanese Yen Hits Lowest Level Since 1990
Amid a strengthening dollar fueled by robust U.S. economic indicators, the Japanese yen tumbled to its lowest level in 34 years
The dollar is about to send the fourth session in a row, taking into account lower values and although monthly dollar index stood at plus, analysts say the mood is minor, Market Watch wrote in his analysis.
The dollar index, which measures the strength of US dollars against a basket of six major currencies, declined by 0.16% to 92,367 points. For comparison, at the end of the Friday session in New York, the benchmark was 92,509 points.
On Friday, the index reported its third negative session in a row, as well as its first weekly decline after three consecutive weeks ending with a rise. For comparison, since the beginning of May, the dollar has appreciated 0.6% against a basket of currencies, cutting its decline over the past 12 months to about 7%.
The euro appreciates against the dollar by 0.3098% to 1.1977 dollars while the pound is traded higher against US dollars by 0.3175% to 1.3589 dollars. Meanwhile, the greenback posted a rise in price against Japanese money by 0.17% to 109.52 yen.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
French President Emmanuel Macron issued a stark warning to Europe, urging the continent to confront the challenges of a rapidly changing world
In a recent statement, Russian Deputy Foreign Minister Sergei Ryabkov issued a stern warning to Poland, asserting that any permanent deployment of NATO nuclear weapons on Polish soil would render the country a military target for Russia.
Reports confirm that Ukraine has deployed long-range ballistic missiles provided by the United States in secret, targeting Russian forces in occupied territories
President Volodymyr Zelensky of Ukraine has pledged to take all necessary measures to compensate for the six-month delay in receiving a new 61 billion dollars US aid package
Russia has declared its intention to repatriate 48 deported Ukrainian children to their families, according to Maria Lvova-Belova, the Russian Commissioner for Children's Rights
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022