Riyadh: The Japanese yen steadied at the start of Asian trading, registering a slight gain following recent volatile sessions that have roiled markets amid speculation that Japanese authorities may intervene to support the currency. The yen rose 0.1 percent to 156.885 against the US dollar, after recording gains of about 1.4 percent over the past month, mostly attributed to interventions believed to have been carried out by Japanese authorities in the market.

According to Oman News Agency, the dollar index, which measures the US currency against a basket of major currencies, held steady at 98.144. The Australian dollar rose 0.1 percent, the New Zealand dollar gained 0.2 percent, and the euro advanced 0.1 percent to $1.1730. Sterling rose 0.1 percent to $1.3586, while cryptocurrencies showed mixed performance, with Bitcoin dipping 0.1 percent and Ethereum gaining a similar margin.