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The Economic Times

Markets / The Economic Times

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Currency markets drift ahead of RBA meeting as oil uncertainty weighs

The U.S. dollar saw little change as traders assessed the Iran war's impact, while the Australian dollar dipped ahead of an expected rate hike. Concerns over inflation, fueled by surging oil prices, have lifted the dollar against most currencies, with markets anticipating central bank responses to the ongoing crisis.

17 Mar 2026 7:24 am