US dollar jumps to its highest in three years
US, WASHINGTON (ORDO NEWS) — The US dollar jumped on Wednesday, hitting a multi-year high against a few major currencies, while the outbreak of the Coronavirus prompted companies and investors to seek safety in the greenback.
The dollar index, which tracks the performance of the greenback versus a basket of six major currencies, jumped 2.051 percent to 101.440, its highest level since April 2017.
The dollar index is headed for its biggest one-day jump since the twenty-fourth of June 2016.
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