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Dollar Steady as US Blocks Iranian Ships, Talks Continue

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Tokyo, April 14 (QNA) - The dollar was largely steady on Tuesday as investors weighed supply risks stemming from a US blockade of Iranian ships in the Strait of Hormuz against the prospect of continued dialogue between Washington and Tehran that could lead to a breakthrough.

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.04% to 98.38, with the euro up 0.03% at $1.1761.

The yen strengthened 0.08% against the greenback to 159.3 per dollar. Sterling strengthened 0.03% to $1.3508.

 The Australian dollar weakened 0.04% versus the greenback to $0.7091. New Zealand's kiwi strengthened 0.03% versus the greenback to $0.5868. (QNA)

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