provides support to contain Ebola outbreak
UAE provides urgent relief to people affected by 7.8-magnitude Philippines earthquake
With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
Dollar Sags Near Multi-Year Lows as Fed Rate Cut LoomsSingapore, 17 Sep (ONA) — The U.S. dollar today hovered near multi-year lows against major currencies, with traders anticipating an almost certain interest rate cut from the Federal Reserve later in the day.The euro held firm at $1.1858, lingering just below a four-year peak of $1.18785 reached the previous session. Similarly, the British pound was steady at $1.3649, trading close to its highest level in two-and-a-half months.The broad weakness was reflected in the dollar index, which measures the greenback against a basket of six peer currencies. The index languished at 96.686, near its lowest point since early July, as markets positioned for a more dovish U.S. monetary policy stance.— Ends/Khalid
