City
Epaper

US dollar declines amid data

By IANS | Updated: March 6, 2020 09:46 IST

The US dollar declined in late trading on Thursday as investors digested key economic data.

Open in App

New York, March 6 The US dollar declined in late trading on Thursday as investors digested key economic data.

US initial jobless claims, a rough way to measure layoffs, stood at 2,16,000 in the week ending February 29, a decrease of 3,000 from the previous week's unrevised level, the Department of Labor reported Thursday.

The dollar index, which measures the greenback against six major peers, fell 0.52 per cent at 96.8377 in late trading, the Xinhua news agency reported.

In late New York trading, the euro increased to $1.1199 from $1.1139 in the previous session, and the British pound was up to $1.2945 from $1.2868 in the previous session. The Australian dollar fell to $0.6591 from $0.6614.

The US dollar bought 106.39 Japanese yen, lower than 107.34 Japanese yen of the previous session. The US dollar decreased to 0.9486 Swiss franc from 0.9560 Swiss franc, and it was up to 1.3427 Canadian dollars from 1.3402 Canadian dollars.

( With inputs from IANS )

Open in App

Related Stories

InternationalUS Embassy in India, Indian missions abroad extend greetings on 79th Independence Day

NationalOp Sindoor testament to India’s unwavering resolve to protect its sovereignty, says PM Modi

NationalIndependence Day 2025: PM Modi Hoists Tricolour at Red Fort (Watch Video)

NationalPM Modi hoists Tricolour at Red Fort, says this festival of freedom moment of pride in collective achievements

BusinessPiyush Goyal meets pharma industry leaders to discuss R&D, competitiveness boost

कारोबार Realted Stories

BusinessS&P upgrade affirms India’s economic trajectory and prudent fiscal policy: Govt

BusinessExperts hail S&P's upgrade of India's sovereign rating to BBB, calling it 'long overdue'

BusinessNamo Bharat Corridor: DB RRTS partners with Wurth to strengthen sustainable depot maintenance

BusinessCentre to launch nationwide drive for boosting Rabi crop on Oct 3

BusinessEaseMyTrip Board approved three acquisitions to strengthen strategic presence