The dollar to its highest level in 11 years
The dollar to its highest level in 11 years
07/03/2015 09:03 GMT
Agencies – the US dollar jumped to its highest level in 11 years and a half against the basket of major currencies on Friday, as the strong data on non-farm payrolls in the United States fueled expectations that the Federal Reserve (central bank) will raise interest rates at a date closer than expected .
The euro fell below $ 1.09 for the first time since September 2003, and recorded in the latest deal by 1.0862 dollars, down 1.50 per cent from the previous day’s close.
And accelerated the rise of the dollar after the US Department of Labor said that the number of jobs in non-agricultural sectors increased 295 thousand jobs last month after rising 239 thousand, according to the revised data last January, when the unemployment rate stood at 5.7 per cent.
The pound fell against the dollar and one per cent record in the latest deal by $ 1.50.
The dollar rose to its highest level in 11 years and a half against the basket of major currencies.
The dollar index rose more than one per cent to settle at 97.726, its highest level since September 2003, according to data from Thomson Reuters.
Against the Japanese currency the dollar exceeded the level of 120 yen, and rose in the latest deal by 0.5 per cent to 120.72 yen.
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