Economic news

Review: Dollar grows on March rate hike expectations

Growing expectations on a U.S. rate hike this month supported the dollar.

The U.S. dollar index against a basket of six major currencies increased to its highest mark in seven weeks.

The U.S. currency inched up 0.2% to 114.02, while the euro fell by 0.2% to $1.0529.

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    I think that the US dollar grows because of the situations in the policy field and, of course, the future destiny of this currency depends on the new president's political direction.

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