A recent drop in foreign exchange reserves to $640.33 billion, a six week low, shows the central bank has been selling dollars amid conflict in the Middle East and delayed expectations for rate cuts by the U.S. Federal Reserve.
Wall Street Week Ahead: Jobs data, tax bill, trade on tap for rebounding US stocks
US markets are nearing record highs, influenced by economic data and trade policies. Tax and spending legislation are under consideration. Donald Trump plans to negotiate