The super dollar deepened its rebound and reached its highest in more than a month

He dollar in the world played on monday august 14 highs of more than a monthas investors sought refuge from concerns about the economy of Chinaas traders braced for possible Japanese government intervention after the and in hit its lowest level since November.

He dollar indexwhich compares the greenback with a basket of six leading currencies, rose 0.3% to 103.17 units, its highest level in more than a month.

The dollar in the world rose due to fear of a fall in the world economy, especially China

According to analysts, investors are buying dollars to hedge against fears about the health of the global economyespecially Chinese.

A source told Reuters that Country Gardenthe largest Chinese private developer, is trying to delay payment of an onshore private bond for the first time, in a new sign of tension in the sector.

Also, two publicly traded Chinese companies said over the weekend that they had not received payment for maturing investment products from the asset manager. Zhongrong International Trust Co..

“Many operators are again focusing on China,” he said. Edward Moiaof OANDA. “There is a lot of concern with their growth prospects, with their current real estate crisis, and for one of the biggest wealth managers not to be able to meet their debt obligations is a big red flag.”

The japanese currency traded at its lowest level since November, at 145.50 yenwith an advance of 0.4% for its US pair.

He bank of japan It has stuck to its ultra-loose monetary policy as other global central banks raised interest rates, making yields more attractive elsewhere and weighing on the yen.

The pound sterling it lost 0.2%, to $1.27, and the euro was down 0.4%, to $1.09.