New York: The dollar surged to a three-month high today as U.S. inflation data surpassed expectations, indicating that interest rates in March will be maintained. The Consumer Price Index (CPI) rose 0.3% in January, exceeding economists' forecasts, with a year-on-year increase of 3.1%. Excluding volatile food and energy prices, the core CPI rose 0.4% last month and 3.9% year-on-year. Meanwhile, the euro fell to $1.0707, and bitcoin dropped below $50,000 after the CPI release. Source: Oman News Agency