October 20, 2021
Economy

US dollar soars in demand for safe shelters

New York, August 17 (Xinhua)-The US dollar rose significantly late Tuesday as risk-averse sentiment returned to the market amid the resurgence of the COVID-19 infection and increased demand for safe currencies.

The dollar index, which measures greenbacks for the six major peers, increased 0.54 percent at 93.1253.

In the second half of New York trading, the euro fell from $ 1.1775 in the previous session to $ 1.1710 and the pound sterling fell from $ 1.3838 to $ 1.3735 in the previous session. The Australian dollar fell from $ 0.7335 to $ 0.7251.

The US dollar bought 109.56 yen, which is higher than 109.22 yen in the previous session. The US dollar rose from CHF 0.9122 to CHF 0.9148 and from CAD 1.2571 to CAD 1.2624.

US dollar soars in demand for safe shelters

Source link US dollar soars in demand for safe shelters

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