2023-08-22 05:56:00
The US dollar index fell today, Tuesday, but remained close to its highest level in 10 weeks once morest a basket of major currencies, in light of the rise in US Treasury yields and speculation that US interest rates will remain high for a longer period.
The dollar index fell 0.1 percent to 103.24, but it remained not far from the high level it recorded on Friday at 103.68, which it has not seen since June 12. The dollar also remained close to its highest levels since November once morest the yen.
Against the Japanese currency, the dollar fell 0.1 percent to 146.125 yen, following earlier rising to 146.425, bringing it close to Thursday’s peak of 146.565, the highest since November 10.
The euro rose 0.1 percent to $1.09055, while the yuan witnessed little change in the latest offshore transactions, recording 7.2872, following rising regarding 0.1 percent.
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