Dollar Index Falls, Yen Rises
Singapore, February 09 (QNA) - The US dollar index, which measures the performance of the US currency against a basket of six currencies, fell by 0.2 percent to 97.43 at the start of trading on Monday, as markets awaited the release of important economic data, including retail sales, inflation and the jobs report scheduled to be released on Wednesday.
Meanwhile, the Japanese yen rose by 0.5 percent to 156.43 yen per dollar, after the coalition of Japanese Prime Minister Sanae Takaichi achieved a big victory in elections held on Sunday.
The British pound was steady at USD 1.3615 dollars, while the euro rose in the latest trading by 0.2 percent to USD 1.1833 dollars.
The dollar was also steady against the Chinese yuan in offshore trading in Hong Kong at CNY 6.929, while the New Zealand dollar was unchanged at USD 0.6018, and the Australian dollar rose by 0.2 percent to USD 0.7028. (QNA)
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