Dollar rules as recession fears hit euro, pound under fire - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The euro was at $1.0262, only a fraction above its overnight low of $1.0236, its weakest since late 2002.

He pointed to a 100% rally in European gas prices in the last 16 days which he said had left the European Central Bank with a brutal juggling act. The euro’s tumble, allied with declines in commodity currencies due to lower oil prices, left the dollar index at 106.46, just off its own overnight 20-year peak.

In contrast the recently-under-fire Japanese yen gained a little support from some safety bids, with the dollar dropping 0.2% to 135.5 yen.

While others are crippled, the dollar thrives. Aren't we all together in this mishapping? Don't blame us if we no longer believe in your ways.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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