Meanwhile, the EIU has indicated that the US Federal Reserve will soon join other central banks in cutting interest rates.
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Maroc - VIETNAMNEWS.VN - Economy - 11/Jul 04:17
Foreign exchange rates to remain under pressure in H2 2024
In a recent report, analysts from Viet Dragon Securities Company (VDSC) said the dollar will maintain its strength because the interest rate difference between the US and other countries is still high when the US Federal Reserve (Fed) cuts interest rates more slowly and less than that of other central banks.
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