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CBA: The US dollar will continue to benefit from the slowdown in global economic growth
Mars Finance reports that, according to Jinjitu, Joe Caproos, head of the international economics department at the Commonwealth Bank of Australia (CBA), stated that the US dollar index remains stable above 98, and the dollar is expected to continue benefiting from the slowdown in global economic growth. He pointed out that the global economy needs to adapt to reduced energy supplies, and raising interest rates will help keep demand and supply in balance.