US dollar up amid global growth concerns

Image
IANS New York
Last Updated : Jul 06 2016 | 7:57 AM IST

The US dollar climbed against most other major currencies as worries about a slowdown in global growth weighed on market.

In late New York trading on Tuesday, the euro fell to $1.1072 from $1.1121 in the previous session, and the British pound declined to $1.3024 from $1.3258 in the previous session, Xinhua news agency reported.

The Australian dollar decreased to $0.7460 from $0.7485.

The US dollar bought 101.54 Japanese yen, lower than 102.53 yen of the previous session.

The US dollar rose to 0.9769 Swiss franc from 0.9751 Swiss franc, and it gained to 1.2990 Canadian dollars from 1.2902 Canadian dollars.

The dollar index, which measures the greenback against six major peers, was up 0.55 pe rcent at 96.175 in late trading.

--IANS

pgh/

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 06 2016 | 7:46 AM IST

Next Story