US Dollar Remains Attractive Safe Haven Despite Fed's Dovish Policy

Reporter: Akmalal Hamdhi, Nur Qolbi | Editor: Syamsul Azhar

KONTAN.CO.ID - JAKARTA. The Fed's dovish policy does not diminish the popularity of the US dollar as a preferred currency. Analysts believe that the US dollar remains an attractive safe haven.

After The Fed raised the benchmark interest rate by 25 bps, the US dollar index briefly fell below 103. However, on March 24, the US dollar index rose to 103.16.