Dollar at 13-month high as rate hike bets, stock rout boost demand

🇺🇸 Channel NewsAsia (US) —
Dollar at 13-month high as rate hike bets, stock rout boost demand

AI Summary

The US dollar reached a 13-month high driven by expectations of interest rate hikes and a significant stock market downturn, which has increased demand for the currency as a safe haven.

World Markets US dollar currency strength interest rate hikes stock market safe haven

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