The dollar is weakening as the US shutdown puts pressure on the US currency
1 October 12:15
On October 1, the US dollar fell to a one-week low against major currencies. The reason was the shutdown of the US government because Republicans and Democrats failed to agree on temporary funding.
This was reported by "Komersant Ukrainian" with reference to Reuters.
The government funding stopped at midnight in Washington. Senate Republican Leader John Thune said the chamber would vote again on the bill approved by Congress.
Senate Republican Leader John Thune said that the chamber will vote again on the bill passed by Congress on October 1. The Senate session is scheduled for 14:00 GMT.
The dollar index, which measures the currency against six of its counterparts, including the euro and the yen, fell 0.2% to 97.635, and earlier for the first time since last Wednesday fell to 97.584.
US President Donald Trump on Tuesday, September 30, warned Democrats in Congress that allowing the federal government to shut down would allow his administration to take “irreversible” measures, including the closure of important programs.
