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Tunisia’s Inflation Rate Declines to 5.3%

Tunis: Tunisia’s inflation rate declined to 5.3% in June after remaining stable at 5.5% during April and May. The National Institute of Statistics in Tunisia attributed this decrease to a slowdown in the rate of price increases for food and beverages,…

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Gold Near Two-Week High on Cooling US Rate-Hike Bets

Doha: Gold prices held near a two-week high on Monday after a cooler-than-expected US jobs report last week slightly tempered expectations of interest rate hikes by the Federal Reserve: Spot gold was steady at $4,175.02 per ounce, after posting a week…

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Dollar Near Two-Week Low as Rate-Hike Bets Recede

New york: The US dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal Reserve rate hike this year, while the yen remained close to its weakest level in 40 years. The dollar index, which measures the US currency agai…

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