Forex Top Story

Dollar Climbs Higher On Safe-haven Demand

The U.S. dollar firmed against its major rivals on Monday on safe-haven demand after China saw a surge in Covid-19 cases and imposed stringent restrictions in several cities including Beijing and Shanghai.

Chinese authorities told residents in Beijing's most populous district to remain at home to contain the Covid-19 outbreak and the country's southern metropolis of Guangzhou has been placed under a lockdown for five days.

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by RTTNews Staff Writer

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