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Dollar Gains as US Plan to Cut Off Iran Spurs Haven Demand

Bloomberg
Bloomberg
by Anya Andrianova
Aug 25, 2026 · 1:34 AM
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Dollar Gains as US Plan to Cut Off Iran Spurs Haven Demand
The dollar rallied Monday as Treasury Secretary Scott Bessent said the US will cut Iran off from the global financial system, underscoring the greenback’s central role in trade and boosting its haven appeal.
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