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Will UAE dirham strengthen against global currencies after Trump win

Donald Trumps bodes well for the dollar and the UAE dirham which is pegged to the US currency as well local equity markets.On Wednesday, greenback soared nearly two per cent to hit four-month high and was set for biggest one-day jump since 2020.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 06

Introduction

Donald Trumps bodes well for the dollar and the UAE dirham which is pegged to the US currency as well local equity markets.On Wednesday, greenback soared nearly two per cent to hit four-month high and was set for biggest one-day jump since 2020.

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