Significant Decline Of The Dollar In The World Market

Baghdad  The dollar fell today, Tuesday, in a noticeable way that it has not been in the past two and a half years ago, after investor appetite for risk increased, with US lawmakers moving forward with an enhanced aid package linked to COVID-19.

The dollar index fell 0.1% to 90.125 points, approaching the level of 89.723 points, which it reached on December 17, and for the first time since April 2018.

The euro rose 0.2% to $ 1.22375 in Asian trade, approaching a two-and-a-half year high of $ 1.22735 that it touched earlier this month.

On Monday, the US House of Representatives voted to increase the stimulus payments to eligible Americans to $ 2,000 from $ 600, and referred the matter to the Senate for a vote.

 

Source: National Iraqi News Agency