close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
November 10, 2018

Dollar climbs

Business

November 10, 2018

LONDON: The dollar rose towards a 16-month high on Friday after the US Federal Reserve kept interest rates steady and reaffirmed its monetary tightening stance, cueing up investors for a rate hike in Dec. The greenback fell broadly; following US midterm elections on Tuesday on the expectations that the outcome would make further fiscal stimulus measures unlikely. But the currency bounced back and returned to outperforming most major currencies, underpinned by the robust US economy and rising interest rates.

Topstory minus plus

Opinion minus plus

Newspost minus plus

Editorial minus plus

National minus plus

World minus plus

Sports minus plus

Business minus plus

Karachi minus plus

Lahore minus plus

Islamabad minus plus

Peshawar minus plus