Business
Dollar drops to near multi-year lows as US tariff deadline approaches
The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline.
The dollar slipped slightly to 0.7949 Swiss franc, while the euro eased 0.2% to $1.1767, and sterling weakened 0.3% to $1.3615.
The dollar gained 0.3% to 145.04 yen, reversing an earlier decline.
The dollar index, which measures the currency against those four currencies and two other major counterparts, added 0.2% to 97.145.
The Aussie dollar dropped 0.8% to $0.6502. Meanwhile, The New Zealand dollar slipped 0.7% to $0.6010.
-
News2 months agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment2 months agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News2 months agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
News2 months agoThales & Ankaa to Deliver Multi-Mission Air Traffic Surveillance Radars for Oman, Capable of Supporting Civil & Military Operations
-
Banking & Finance2 months agoSohar Islamic Launches Exclusive Infinite Credit Card for HNWIs in Oman
-
Economy2 months agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Economy2 months agoWhat Higher Oil Prices Mean for Oman’s Economy in 2026
-
Business1 month agoOman India Fertiliser Company Lists on Muscat Stock Exchange
