The dollar reached quotas this Wednesday that it had not reached for 20 years against several currencies after Russian President Vladimir Putin announced the partial mobilization to fight in Ukraine and said he was willing to use “all means” to defend himself.
By 4:00 p.m. GMT, the greenback was up 0.88% to $0.9883 per euro, and 0.42% to $1.1333 per pound, although it was more stable against the Japanese currency at 144.16 yen per dollar. .
In addition to being a refuge value, the dollar it benefits from bets on a tight monetary policy before the expected decisions of the United States Federal Reserve (Fed).