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MARKETS-ECONOMIC TIMES · INDIAN ·

Dollar rises after Fed hikes rates in bid to counter inflation

As reported by Markets-Economic Times
The US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflation. The dollar index reaches a nearly five-week high, while traders see an 80% chance of a Bank of Japan rate hike on Friday. Bitcoin remains steady after Tuesday's sharp fall.
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