Dollar index dips to 11-week low as risk appetite improves

Dollar index dips to 11-week low as risk appetite improves

Malay Mail Online - Money·2020-06-04 15:05

The dollar index against a basket of major currencies fell 0.22 per cent to 97.37, after earlier dropping as low as 97.28, the lowest since March 12. — Reuters pic

NEW YORK, June 4 — The US dollar fell to an 11-week low against a basket of other currencies yesterday, on optimism that the worst of the economic downturn stemming from the global spread of the coronavirus is over.

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