US dollar hits three-month low as Treasury moves to soothe bond jitters

Published Aug 20, 12:19 PM UTC

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On August 20, 2026, the US dollar fell to a three-month low against a basket of major currencies, with the dollar index dropping to 98.558, its lowest level since May 14. The decline came as the US Treasury Department took steps to calm nervousness in the bond market. The article, published by The Business Times from London, highlights the dollar's weakness amid Treasury efforts to address bond market volatility.

Source

The Business TimesWestern

Original headline: US dollar at three-month low as Treasury moves to soothe bond jitters

Original language: EN-US

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People and interests

Treasury Department