Singapore, December 27 (QNA) – The dollar moved broadly lower on Tuesday, while Australia’s and New Zealand’s currencies climbed after China said it would scrap its COVID-19 quarantine rule for inbound travelers – a major step in reopening its borders.
Sterling rose 0.16 % to $1.20865, while the euro edged 0.06 % higher to $1.06395.
Against a basket of currencies, the U.S. dollar index steadied at 104.12. The Japanese yen rose 0.1 % to 132.75 per dollar.
The New Zealand dollar surged 0.65 % to $0.63115 while the Aussie gained 0.25 % to $0.67485. (QNA)
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