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The Economic Times

Markets / The Economic Times

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War sets dollar for monthly rise, yen recovers on intervention threat

The US dollar is surging globally, driven by Middle East conflict and rising oil prices. This makes it the strongest safe asset as global recession fears grow. Other currencies like the Yen, Euro, Australian, and New Zealand dollars are weakening. Investors are seeking safety in the dollar amid geopolitical uncertainty.

31 Mar 2026 7:17 am