2023-07-05 05:58:32
normal
July 5, 2023
09:58 am
The dollar remained close to the middle of its range of movements during the past three weeks against other major currencies, on Wednesday, as dealers’ eyes turn to the issuance of the minutes of the last meeting of the Federal Reserve to derive indications about the course of monetary policy.
There was little change in the dollar index, which measures the currency’s performance against a basket of six other major currencies, including the euro and the yen, to record 103.02 after moving between 103.75 and 102.75 since early June.
The euro rose 0.1 percent to $1.0886.
The Australian dollar settled at $0.6690, holding on to its 0.32% advance in the previous session.
There was little change in the yuan, which recorded 7.231 per dollar in offshore trading, after rising 0.3 percent on Tuesday.
(Archyde.com)
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