The dollar exchange rate rose on Thursday above its minimum level for the last 11 weeks, in line with an increase in dollar demand among investors due to...
Experts note that the strengthening of the dollar is associated with the increasing uncertainty in the markets, caused by instability in several countries and global economic uncertainty.
"The increase in the dollar exchange rate is linked to the rise in volatility in the markets, and this may lead to further strengthening of the American currency," said a financial analyst.
At the same time, experts warn of possible negative consequences of this increase for the economies of several countries, especially for developing markets and countries with unstable economic situations.
"We currently observe that the strengthening of the dollar may negatively affect the export of oil and other goods from developing countries, which may worsen their economic position," added the economist.
