فیڈ کے ڈووش اشاروں سے ڈالر کمزور، روپے کو ریلیف

The Federal Reserve held interest rates steady, with Chair Warsh's comments leading markets to perceive a modestly dovish stance, contrary to expectations of more hawkish dissents. This interpretation caused US Treasury yields to drop and the dollar index to weaken against Asian currencies. The Indian rupee is expected to open higher, around 95.14-95.18 against the dollar, despite pressure from Brent crude trading near $115 a barrel. A weaker dollar typically supports international gold prices and could ease pressure on the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com