Currency report: July 2021

Global equities fell and new strains of the coronavirus triggered worries about slower growth over the coming months. The fast-spreading delta variant of the coronavirus shocked markets and sent risk-averse investors running for cover in the world’s most liquid currency. The safe-haven US dollar and Swiss franc rose when investors grew nervous about the new coronavirus variant. The US consumer inflation rose past expectations by jumping 5.4% in June, the fastest pace since 2008.

We bring you our summary of the world’s best and worst performing currencies as at 31 July 2021.

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