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The Economic Times

Markets / The Economic Times

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Dollar holds firm as risk of protracted Middle East war saps sentiment

Global markets are on edge as Middle East tensions escalate, pushing the U.S. dollar higher and weakening the Japanese yen past a critical 160 level, sparking intervention fears. Investors are seeking safety amid concerns over prolonged conflict and its impact on oil flows and global economic stability. The euro and sterling also face monthly declines.

30 Mar 2026 7:19 am