The USD to FJD exchange rate is currently range-bound.
Key drivers influencing this rate include the expected interest rate cuts by the Federal Reserve, which may weaken the USD over the next several months. Additionally, the potential slowdown in Fiji's economic growth, revised to 2.6% by the IMF amid global uncertainties, could limit the FJD's strength. Stability in Fiji's monetary policy, with the Overnight Policy Rate held at 0.25%, suggests a steady approach that may provide some support for the currency.
The expected trading range for USD to FJD will likely remain within a narrow band, reflecting recent stability in its past movements. If the consumer sentiment index shows improvement, it could bolster the USD. Conversely, if global trade conditions worsen or there are significant tariff impacts on Fijian exports, this could place downward pressure on the FJD.