City
Epaper

US dollar rises as coronavirus fears ease

By IANS | Updated: February 13, 2020 14:36 IST

The US dollar rose as investors expressed confidence that the novel coronavirus outbreak will be contained soon.

Open in App

New York, Feb 13 The US dollar rose as investors expressed confidence that the novel coronavirus outbreak will be contained soon.

In late New York trading on Wednesday, the euro was down to $1.0868 from $1.0920 in the previous session, and the British pound was down to $1.2958 from $1.2961 in the previous session. The Australian dollar rose to $0.6735 from $0.6713, Xinhua reported.

 

The US dollar bought 110.08 Japanese yen, higher than 109.75 Japanese yen of the previous session. The US dollar was up to 0.9783 Swiss franc from 0.9754 Swiss franc, and it fell to 1.3259 Canadian dollars from 1.3290 Canadian dollars.

The number of novel coronavirus cases dropped for the second consecutive days on Tuesday in China, according to China's National Health Commission on Wednesday.

 

Traditional safe-haven currencies Japanese yen and Swiss franc weakened against the greenback.

 

The dollar index, which measures the greenback against six major peers, rose 0.32 per cent at 99.0435 in late trading.

( With inputs from IANS )

Open in App

Related Stories

Cricket"I would rather have him than Gill in current situation": Atul Wassan backs Rinku Singh, hails T20 World Cup squad

FootballAIFF Executive Committee proposes formation of Independent Judicial Committees

InternationalDhaka University's Bangabandhu Hall renamed Shahid Osman Hadi Hall

AurangabadSpeeding car rams into auto; 2 killed on the spot; In a horrific crash, passenger thrown

EntertainmentBharti Singh reveals how her water suddenly broke at midnight: ‘My clothes, bedsheet everything got wet’

कारोबार Realted Stories

BusinessIndia must become world leader in AI, can present new model of development that combines intelligence with empathy: Mukesh Ambani

BusinessFM Sitharaman discusses simplification of procedures, leveraging digital tools for transparency

BusinessStates must utilise Centre’s funds timely: Manohar Khattar

BusinessFinance Minister chairs 'chintan shivir' in Hampi to deliberate on growth roadmap for Viksit Bharat

BusinessPM SVANidhi scheme aims to benefit 1.15 crore beneficiaries, including 50 lakh new ones