US credit rating at risk, dollar strikes high
- Date: 25-May-2023
- Source: Al Bawaba
- Sector:Financial Markets
- Country:Saudi Arabia
US credit rating at risk, dollar strikes high
ALBAWABA – The United States (US) dollar hit a two-month high in Europe on Thursday, as credit rating agency Fitch warned US credit rating may be facing downgraded in light of the ongoing US debt ceiling crisis.
The US dollar index hit 104.05 against a basket of foreign currencies in the European market early on Thursday, before slipping slightly to 103.94, at exactly 12:45 Riyadh time, according to Investing.com.
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