The dollar index against world currencies increased by 1.92% to 105,441 points. This is the largest one-day increase since June 2016. Finance Times.
The US Dollar Index is a key indicator that reflects the value of the US dollar against a basket of six major world currencies: the euro, Swiss franc, Japanese yen, sterling, Canadian dollar and Swedish krona. This indicator is an indicator of economic stability, a measure of purchasing power and a guide for investors. The increase in the index indicates the strong position of the dollar and, as a rule, the stability of the American economy.
Donald Trump has been elected as the 47th President of the United States and has already declared his victory in the election. The dollar responded to this news by rising to 98.2 rubles. During the year, the price of the American currency increased by only five rubles. Economists surveyed by socialbites.ca said that it was natural for the dollar to strengthen immediately after Trump’s victory, but it allowed the ruble to regain lost ground. How much will the dollar cost at the end of the year and is it profitable to invest in American currency right now? material.
Previously US and Russian stock markets showed growth After Trump’s victory.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.