Greenback rises as Turkish central bank raises rates

Source: Reuters
© Scanpix/FP
The U.S. Dollar advanced on Wednesday session rising against the Euro and the Japanese Yen after the Turkish national bank hiked its interest rates in a dramatic fashion easing concerns over less liquidity on emerging markets. The so-called Greenback added 0.4% to 103.34 yen after falling to the lowest level in seven weeks at 101.77, while it gained 0.1% to $1.3657 per Euro.

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