US dollar falls amid stronger British pound

The US dollar decreased amid rising British pound, as investors have kept a close eye on a parliamentary vote on Brexit proposals.

In late New York trading on Monday, the euro fell to $1.1211 from $1.1214 in the previous session, and the British pound rose to $1.3125 from $1.3003 in the previous session, Xinhua news agency reported.

The Australian dollar was up to $0.7112 from $0.7097.

The US dollar bought 111.36 Japanese yen, higher than 110.82 Japanese yen of the previous session. The US dollar was up to 0.9989 Swiss franc from 0.9960 Swiss franc, and it fell to 1.3310 Canadian dollars from 1.3355 Canadian dollars.

British lawmakers voted on Monday in the second round of "indicative vote," intended to see what outcome, if any, commands a majority in the parliament, which has rejected Prime Minister Theresa May's Brexit deal three times since January.

--IANS

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