Business

US dollar declines against basket of major currencies

Jun 17, 2026

New York [US], June 17: The US dollar weakened during trading today, Wednesday, while the euro remained steady at US$1.1611. The British pound was little changed at US$1.3430.
The New Zealand dollar edged up to US$0.5833, while the Australian dollar held steady at US$0.7066.
Against a basket of major currencies, the US Dollar Index fell to 99.53 points, surrendering part of the gains it had recently recorded on safe-haven demand.
Meanwhile, the Japanese yen traded at 160.43 yen per US dollar in the latest trading session.
Source: Emirates News Agency

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