Dollar Rises

Publication date: July 24, 2026 14:37 KSA

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The dollar received support from rising oil prices and a rise in US Treasury yields today, maintaining its highest level in 40 years against the Japanese yen, which settled at 163.80 yen per dollar.

The dollar remained near a three-week high against a basket of currencies at 101.41. The British pound stabilized at a three-week low of 1.3310 dollars in Asian trading, after falling nearly 0.5% in the previous session against the dollar.

The euro also suffered losses, trading at 1.1381 dollars.