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USD Continues To Strengthen

USD Continues To Strengthen

The USD has been strengthening readily this week and the good news kept on coming as the credit agency Fitch affirmed the US on its AAA rating with stable outlook, removing the country from the negative watch. US debt is now in a better position compared with other developed nations given the reserve currency status. Fitch also added that the strong fiscal consolidation and low financial sector risks was also a positive input helping them make the decision.

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