Doha:The US dollar remained largely unchanged on Thursday after the Federal Reserve decided to maintain interest rates at their current level. Investors are now turning their focus to upcoming inflation data for further insights into the future of US monetary policy.
According to Qatar News Agency, the dollar index, which tracks the performance of the greenback against six major currencies, was reported at 102.26. In the early hours of Asian trading, the euro experienced a decline of 0.15% to $1.1134, following a previous session where it had risen by 0.3%. Meanwhile, the US dollar saw a 0.14% increase against the Japanese yen, reaching 158.045 yen.
The New Zealand dollar remained at $0.5621 after a significant drop of up to 1.7% due to the Reserve Bank of New Zealand's decision to keep its policy rate steady at 2.75%. Additionally, the Australian dollar remained stable at $0.705, hovering near a one-month high.