Dollar on Track for Best Performance Since a Year

Tokyo: The dollar took a breather today after a strong run this week that has put it on track for its best performance in nearly a year. The Japanese currency was last a touch stronger at 152.49 per dollar, after having slid to an eight-month low of 153 per dollar overnight. According to Oman News Agency, the New Zealand dollar rose 0.1% to $0.5792, after falling in the previous session following the Reserve Bank of New Zealand's 50 basis point interest rate cut. Against a basket of currencies, the dollar was little changed at 98.77.