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Dollar Rises After Interest Rate Hold

June 18, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Dollar Rises After Interest Rate Hold

The dollar continued its gains against the euro on Wednesday after the Federal Reserve (the U.S. central bank) kept interest rates unchanged. The Fed's statement showed that policymakers expect to raise borrowing costs later this year amid growing concerns about inflation. The euro fell by 0.5% to 1.1553 dollars, while the dollar recovered its losses against the yen to trade virtually unchanged at 160.435 yen.

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