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RISK aversion dominated globally due to rising coronavirus cases as well as dwindling prospects of US fiscal aid before the US elections. This led investors to flock to the safe-haven dollar – sending the dollar index to a nearly two-week high, up 0.86% to 93.86.
TEHRAN, Oct. 13 (Xinhua) -- Iran's currency rial has hit a new low against foreign currencies days after the United States slapped fresh sanctions against the Iranian financial sector.
THE dollar continued to decline for the second consecutive week, down 0.25% w/w to 93.61, underpinned by persistent upbeat sentiment in global markets, supporting investors’ risk appetite as investors continue to bet on some form of fiscal aid emerging ahead of the US elections.
The dollar started the week and the final quarter of 2020 on softer footing
THE dollar advanced 1.54% to 93.35, near a two-month high as the risk sentiment dents ahead of the November US elections as well as a continued increase in Covid-19 infections.
KUALA LUMPUR: Bursa Malaysia's trading volume rose at an unprecedented pace on Friday, hitting nearly 12.5 billion shares in the morning session alone.
KUALA LUMPUR: Bursa Malaysia was shaky on Wednesday on the back of a volatile overnight trading session on Wall Street.