The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, Bloomberg reported on Monday.
Under the agreement, federal employees would receive back pay, and states would resume delayed federal transfers. The measure would fund certain departments through January 30, while others would receive full-year appropriations.
Market reaction
At the time of writing, the US Dollar Index (DXY) is trading 0.15% higher on the day to trade at 99.70.
US Dollar FAQs
The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded…
