Business & Economy

The dollar hits its highest level in a year

The dollar hit its highest level in more than a year on Friday, after data showed that the United States created more jobs than expected in October.
According to the data, the country is close to a full level of employment, which is one of the conditions for the Federal Reserve to raise interest rates.
Non-agricultural jobs increased by 531,000 last month as the rise in COVID-19 cases abated during the summer, providing further evidence that economic activity was beginning to regain momentum in the early fourth quarter.

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