Dollar weakening increased Moldova's state debt by almost $60 mln
As notes investing. com with reference to Bloomberg, on Wednesday the dollar index, which tracks the dynamics of the U.S. currency against a basket of major competitors, fell by 0.8% in the moment. The indicator updated the minimum since February 26 – the days preceding the beginning of large-scale U.S.-Israeli strikes on Iran.
The catalyst for the sell-off on the currency market was an insider of the Axios portal. According to the publication, the White House believes that the U.S. is one step away from signing a one-page memorandum of understanding with Iran. This document should not only officially end the current war, but also set the framework for subsequent, more detailed negotiations on the Iranian nuclear program.
The publication of this news provoked a classic reaction on the financial platforms. The dollar, which investors had been buying up en masse as a protective asset in the midst of hostilities, began to weaken against almost all major world currencies.
