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

InternationalChina activates emergency response for flood control in Yunnan

InternationalWomen, children injured due to head-on collision in Afghanistan's Balkh

HealthWill work to prevent such tragedies in the future: Union Minister Shekhawat on Jaipur hospital fire

EntertainmentRitvik Sahore returns as Shanky Bansal struggling with identity and morality in ‘Jamnapaar Season 2’ trailer

EntertainmentKajol wishes makeup artist Mickey Contractor on his birthday; goes down memory lane

कारोबार Realted Stories

BusinessPatel Retail Limited Appoints Mr Sanjeev Kumar Nigam as New Chief Executive Officer for Its Spices Brand, Indian Chaska

BusinessBaazar Style Retail Crosses 250 Stores, Posts 71% YoY Growth in Q2 FY26

BusinessMeta announces launch of APAC’s 'largest capacity subsea cable' in 2028

BusinessThe Creations Scholar to Host the Iconic Business Award 2025, Celebrating Excellence Across Professions

BusinessArbaaz Khan, Ayesha Zaki & Arman Khan Grace the Grand Trailer Launch of Hard-Hitting Social Awareness Short Film 'Safe Community Safe World' in Dubai