Dollar rises on hopes from Washington
Malta Independent
Thursday, 10 October 2013, 09:57
Last update: about 14 years ago
The dollar rose higher on Thursday against its major rivals amid signs that Washington lawmakers were willing to compromise to avoid a catastrophic default. The Bloomberg US Dollar Index jumped to a two-week high, edging away from an eight-month low hit last week, as congressional leaders are said to be willing to raise the country’s debt ceiling in the short-term.