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US dollar hits 20-year high as broad risk-off sweeps Asia; Singdollar down 0.4%

May 09, 2022 1:37 PM

SINGAPORE (REUTERS) – The US dollar hit a two-decade high on Monday (May 9) as investors searched for safety and yield due to growing concerns over slowing global economic growth and rising interest rates.

Source : https://www.straitstimes.com/business/economy/us-dollar-hits-20-year-high-as-broad-risk-off-sweeps-asia-singdollar-down-04

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