https://sputnikglobe.com/20161229/dollar-two-week-low-announced-1049124020.html
Dollar Hits Two Week Low After US Announces Sanctions Against Russia
Dollar Hits Two Week Low After US Announces Sanctions Against Russia
Sputnik International
The Bloomberg Dollar Spot Index has reported that the dollar has slipped .5% after several weeks of increases. 29.12.2016, Sputnik International
2016-12-29T22:01+0000
2016-12-29T22:01+0000
2017-02-14T11:41+0000
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newsfeed, us, us sanctions russia over alleged interference in election
newsfeed, us, us sanctions russia over alleged interference in election
Dollar Hits Two Week Low After US Announces Sanctions Against Russia
22:01 GMT 29.12.2016 (Updated: 11:41 GMT 14.02.2017) The Bloomberg Dollar Spot Index has reported that the dollar has slipped .5% after several weeks of increases.
The fall has erased the dollar's gain in the past several days. US stocks also tumbled to a three-week low.
US Treasury bonds also fell to their lowest value since December 13.
29 December 2016, 18:59 GMT
The dollar previously hit multiyear highs earlier in December, leading to record high levels of US equity.
The fall in the dollar's value came in the wake of Washington announcing strict sanctions against Moscow in the midst of accusations that Russia interfered with the 2016 US Presidential election.
The Chinese yuan also reported a decrease in value. The Euro and the Japanese yen both reported increases.
