مضبوط امریکی ڈالر اور بڑھتی پیداوار سے آسٹریلوی، نیوزی لینڈ ڈالر کئی ماہ کی کم ترین سطح پر

The Australian dollar dropped to a three-month trough of $0.6904, heading for its fourth straight week of losses, while the New Zealand dollar reached an 11-month low of $0.5592. This depreciation is largely due to the greenback's extended bull run and a surge in US yields, which has diminished the premium offered by Australian debt. The Reserve Bank of Australia's recent rate hike did not prevent the currency's slide, as investors now see lower probability of further immediate hikes. A stronger US dollar typically puts downward pressure on international gold prices and could influence the USD/PKR rate.

بحوالہ / Source: www.brecorder.com