Muscat: The dollar was broadly steady today, heading for its strongest monthly gains since last July, amid investor concerns about the repercussions of the military escalation in West Asia.

According to Oman News Agency, the euro rose 0.1 percent to USD 1.15145, but is on track to record a decline of about 2.5 percent in March, its weakest performance since last July. The British pound also held steady at USD 1.3271, with little change during today's trading, and is heading toward a decline of 1.7 percent over the course of this month.

The dollar index, which measures the US currency against six other currencies, fell 0.2 percent to 100.1 points. The yen rose to 159.70 per dollar after having recorded 160.47 earlier in the session, reaching its lowest level since July 2024. On the other hand, the Australian dollar fell to its lowest level in two months at USD 0.6843, and is heading for a monthly decline of about 3.5 percent, its largest drop since December 2024. The New Zealand dollar also declined by 0.3 percent to USD 0.57355, down 4.3 percent in March.