Muscat: The euro today rose from a 2-1/2-week low against the US dollar and sterling also advanced with Europe taking the lead in a renewed push for peace in Ukraine.
According to Oman News Agency, the US dollar index, which measures the currency against the euro, sterling, yen, Canadian dollar, and two other major rivals, eased 0.1% to 107.21. The euro climbed 0.4% to $1.0417 early in the Asian morning, while sterling gained 0.2% to $1.2604.
The Australian dollar rose 0.2% to $0.6219, and New Zealand’s kiwi added 0.1% to $0.5602. The safe-haven yen was 0.1% weaker at 150.46 per dollar. The Canadian dollar and Mexican peso each gained about 0.2%, reaching C$1.4443 and 20.49 pesos per US dollar, respectively. Meanwhile, China’s yuan stabilized at 7.2948 per dollar in offshore trading.