Dollar set for biggest one-day jump since 2020, bitcoin hits record as Trump secures White House

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Dollar set for biggest one-day jump since 2020, bitcoin hits record as Trump secures White House
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PHNOM PENH: Senate president Hun Sen made it clear that Ly Samet, also known as 'Kru Mea”, will not escape accountability for his crimes simply by offering a public apology.

FILE PHOTO: Representations of cryptocurrency Bitcoin and U.S. dollar are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The dollar index - which measures the currency against six major peers - advanced 1.7% to 105.16 as of 1130 GMT, a four-month peak. That put it on course for its best day since March 2020. "Expectations of looser fiscal policy and a tight labour market point to higher inflation and higher yields."The U.S. currency jumped over 3% to 20.8038 Mexican pesos, a more than two-year high. It rose as much as 1.3% to 7.1967 yuan in offshore trading for the first time in almost three months.

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