Money and business

The dollar retreats from its highest levels in two months amid geopolitical developments


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He witnessed Dollar vs. Currencies

The British pound rose from its lowest level in three weeks to $1.3390.

The dollar index, which measures the performance of the US currency against a basket of other currencies including the yen and the euro, fell 0.12% to record 99.95 points.

Japanese Yen

The yen rose 0.11 against the US currency, reaching 160.12 to the dollar.

The yen retreated from the gains it achieved following Tokyo’s intervention by pumping 11.7 trillion yen a month ago, when it fell to its lowest level since July 2024 at 160.725 to the dollar.

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