US Dollar hits 20-year high as Fed flags higher rates for longer
Edited By WION Video Desk
Published: Aug 29, 2022, 05:34 IST | Updated: Aug 29, 2022, 05:34 IST
The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signaled interest rates would be kept higher for longer to bring down soaring inflation.
trending videos
)
Trump playbook: Threaten massive strikes & then call them off
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
Chaos escalates in Pakistan-occupied Kashmir, suicide bombing in KP
)
Hungary PM-Elect Vows State Media Overhaul
)
Assam floods: death toll rises | Waterlogging persists across Kerala
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
US-Iran War: Iran-Oman talk on Hormuz, but US faces isolation
)
Ben Gvir's crocodile moat plan faces legal obstacle
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
Cockroaches give wake up call to Indian government, BJP hit in by-elections
)
Pak army's bizarre reaction to 'Same DNA' remarks
)
El Niño Looms as Oceans Warm Up
)
Jan Suraaj's Prashant Kishore wins Bihar by-election from BJP bastion
)
Meta under fire as panel seeks answers over PM Modi video takedown
)
Ex-French pilot investigated over alleged China espionage and fighter secrets
)
Xi's economic playbook remains unchanged
)
Pakistan's Deadliest Month of 2026 | Terror Attacks Surge Across Balochistan & Khyber Pakhtunkhwa
)
Monsoon fury in India: IMD warns of flooding & rising river levels
)
'Kidulthood' is reshaping Britain's economy
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
European-Led NATO in Planning if Trump Pulls Out
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
Ramlila Committee seeks pre-release screening of Nitesh Tiwari's Ramayana
)
WhatsApp users locked out after accounts were suddenly placed under 24-hour security review
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Karnataka-Tamil Nadu tussle over Cauvery waters reach Supreme Court
)
Global Finance Leaders to Meet Amid War Shock
)
Russia-Ukraine War: Moscow introduces low cost missile to overwhelm defences
)
Aliens, Greenland, Elvis, Trump's AI social posting spree
)
Israel in turmoil, army defies order to remove general
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Student protests: Has the Government put delimitation bill on back-burner?
)
Iran demands 'practical action' from Ukraine over July 25 attack
)
Ranbir Kapoor Makes Time 100 Most Influential List | Ranbir Kapoor to Play Lord Rama
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Video shows moment suicide bomber struck anti-militancy rally in Pakistan, killing 19 people