Muscat: The US dollar today lost its footing against major peers ahead of retail sales later in the day that could offer clues on US: economic trends. Safe-haven currencies gained with the Japanese yen strengthening 0.5 percent to 146.04 per dollar after having touched a one-month low of 148.65 earlier this week. According to Oman News Agency, the Swiss franc firmed 0.6 percent to 0.8376 versus the dollar. The euro tacked on 0.2 percent to USD 1.12. Most Asian currencies advanced versus the dollar too, led by a surge in the South Korean won. The won surged 0.8 percent at 1,396.22 per dollar. The Taiwan dollar was 0.5 percent stronger to the dollar today. The dollar index, which measures the US unit against six other currencies, was 0.13 percent lower at 100.87.
Related Articles
Islamic Resistance targets enemy’s Safad region
The Islamic Resistance in Lebanon on Monday announced in a statement that, “In support of our steadfast Palestinian people in the Gaza Strip and in solidarity with their valiant and honorable resistance, and in defense of Lebanon and its people, as we…
Industry Minister attends launch of Apple Store in Seef Mall
Manama, Abdulla bin Adel Fakhro, Minister of Industry and Commerce, attended the launch of the international Apple store at Seef Mall. Organised by United Electronics Company (eXtra), as a result of the cooperation between eXtra and Apple, and introdu…
HM King meets UAE President
Abu Dhabi, His Majesty King Hamad bin Isa Al Khalifa, met today with His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, at His Majesty’s residence in Abu Dhabi during his private visit to the UAE.
The two leader…