Greenback comes under renewed pressure amid war fears


THE US dollar came under renewed pressure yesterday on fresh reports that American forces were gearing up for imminent military action in Iraq, heightens the risk of holding the greenback and US dollar-backed assets. 

Lingering uncertainty about the health of the US economic further dampened sentiment on the US currency.  

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Nintendo expects to sell 13.5 mln Switch units this year
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
Saudi Aramco maintains dividend despite lower net income in Q1
Pekat unit in negotiations over purchase of stake in electrical power solutions firm
Asia shares rise on rate cut bets; Aussie slips on RBA
UBS reports first profit since taking over Credit Suisse
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
FBM KLCI pushes past 1,600
Ringgit opens higher against US$, other major currencies
KLK's recruitment issues to be short-lived, say analysts

Others Also Read