NEW YORK, March 17 — The US dollar weakened in late trading on Thursday, amid an upward momentum in the euro.
The dollar index, which measures the greenback against six major peers, decreased 0.21 per cent to 104.4151, reported Xinhua.
The euro, the largest component of the index, climbed after the European Central Bank (ECB) on Thursday raised interest rates as planned by 50 basis points despite recent turmoil in the financial markets.
In late New York trading, the euro was up to US$1.0611 from US$1.0587 in the previous session, and the British pound rose to US$1.2121 from US$1.2077 in the previous session.
The US dollar bought 133.49 Japanese yen, lower than 133.50 Japanese yen of the previous session.
The US dollar was up to 0.9298 Swiss francs from 0.9285 Swiss francs, and it fell to 1.3725 Canadian dollars from 1.3741 Canadian dollars. The US dollar decreased to 10.5152 Swedish Kronor from 10.5693 Swedish Kronor.
— Bernama
