The dollar strengthened 0.16% to 0.894 against the Swiss franc, hovering near its highest level since July. Against the yen, the dollar strengthened 0.31% to 154.12, after rising as high as 154.48 for the first time since November 26.
"Euro interest rates will go down due to the slowdown in the Euro Zone, while dollar interest rates may not fall significantly, particularly if Trump imposes tariffs. So, people are switching to these swaps," said Anil Kumar Bhansali, head of treasury at Finrex Treasury.
Bu hikaye Financial Express Kochi dergisinin December 18, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Kochi dergisinin December 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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