The value of the dollar fell against other major world currencies on the afternoon of July 22 after the incumbent US President Joe Biden announced that he was withdrawing from the elections. This is evidenced by trade data and reports. DEA News.
As of 12:55 Moscow time, the US currency index fell 0.16% to 104.22 points. The euro/dollar exchange rate rose to $1.0894 per euro from the previous closing level of $1.0877. The dollar to Japanese yen rate fell to 156.62 per dollar (versus 157.49 yen at the previous close).
On July 21, Joe Biden announced that he was withdrawing from the presidential race, stating that it would be better for the Democratic Party and the country if he focused on fulfilling the duties of the presidency for the remainder of his current term.
Later, the US Electoral College received notification that Kamala Harris had been nominated for president.
The 60th US presidential election will be held on November 5, 2024. More details material “Newspapers.Ru”.
Earlier in the Kremlin We are not surprised Biden’s decision to abandon the presidential election.