investing.com 18 Dec, 2020 09:15 am

Dollar Edges Higher, but Trend Still Points Lower By Investing.com

Dollar Edges Higher, but Trend Still Points Lower

This suggests the central bank will have to keep its policies extremely accommodative for quite some time to come.5% by year end and is unlikely to exceed 5% at the peak in February, according to Governor Elvira Nabiullina, above the central bank’s target of 4%.com - The dollar edged higher Friday, rebounded to a degree after recent sharp selling, but this safe haven remains largely friendless as risk appetite grows.congressional negotiators still haven’t come to an agreement over a new coronavirus-relief bill, but pressure is growing as the whole government could be shut down unless a spending bill, to which a pandemic relief measure can be attached, is passed before Friday ends.

25% for the third consecutive policy meeting later Friday as inflation continued to increase above target.The Bank of Russia is likely to keep interest rates at 4.

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