Singapore, November 21 (QNA) – The US dollar rose strongly against major currencies Monday, reaching its highest level since Nov. 11.
The dollar index , which measures the greenback against six major peers, rose 0.412% to 107.330 on Monday, touching its highest level since Nov. 11. The index advanced 0.5% last week, clocking its biggest weekly gain in a month as investors flocked to the safe haven currency.
The onshore yuan opened at 7.1451 per dollar and weakened to a low of 7.1708, the softest level since Nov. 11.
The euro was down 0.46% to $1.0277, set for a three-day losing streak and hovering at lowest level since Nov. 14, while sterling was last trading at $1.1831, down 0.47% on the day.
The Australian dollar fell 0.49% versus the greenback to $0.664. (QNA)
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