Money and business
In numbers: the rise in the price of the dollar against major currencies
The US dollar rose against major currencies during New York trading on Monday after approval of a vital US budget law that helped avoid a government shutdown by the end of this year.
The House of Representatives and the Senate approved a temporary government spending law with the aim of preventing any partial government closure.
Uncertainty about the near-term outlook for the markets may have kept some traders out of the market after last week’s volatility.
The US currency rose to $1.0383 per euro, compared to $1.0445 at the beginning of trading.
The House of Representatives and the Senate approved a temporary government spending law with the aim of preventing any partial government closure.
Uncertainty about the near-term outlook for the markets may have kept some traders out of the market after last week’s volatility.
The US currency rose to $1.0383 per euro, compared to $1.0445 at the beginning of trading.
Major currency rates
It also rose from 1.2588 to 1.2511 dollars, and against the yen from 156.33 to 157.26 yen during the same period.
The US dollar recorded 1.4433 Canadian dollars against 1.4349 dollars, against the Australian dollar 0.6218 US dollars against 0.6264 dollars, and against the New Zealand dollar 0.5632 dollars against 0.5661 dollars during the same period.
The US dollar rose against the French franc to its highest level in 4 days, recording 0.09,002 francs per dollar.
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