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US$ seen strengthening against major currencies
Published Thu, Mar 3, 2016 · 09:50 PM
Bangalore
THE dollar will appreciate against major currencies in the coming months, a Reuters poll found, but not enough to make up for the losses incurred just before and since the Federal Reserve raised interest rates in December.
Since December, investors have rushed into the euro and the Japanese yen, considered safe havens, amid concern about slowing inflation, low oil prices and lagging economic growth in China.
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