Tokyo: The US dollar stabilised in early Asian trading today, as increased demand for the safe-haven currency pushed it to its highest level in a week. The dollar index, which measures the US currency against a basket of six currencies, stood at 98.415, marking its highest level since 13th April.
According to Emirates News Agency, most other currencies showed little change, with the euro steady at $1.1739, the Australian dollar at $0.7152, and the New Zealand dollar at $0.5894. The dollar fell 0.1 percent against the yen to 159.26 yen, following data indicating that Japanese exports rose for the seventh consecutive month.
In the realm of cryptocurrencies, Bitcoin experienced a 0.2 percent rise to $75,894.67, while Ether also increased by 0.2 percent, reaching $2,321.92.