Dollar Drops to Near Multi-Year Lows

Dollar Drops to Near Multi-Year Lows


Muscat: The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline. The dollar slipped slightly to 0.7949 Swiss franc, while the euro eased 0.2% to $1.1767, and sterling weakened 0.3% to $1.3615.



According to Oman News Agency, the dollar gained 0.3% to 145.04 yen, reversing an earlier decline. The dollar index, which measures the currency against those four currencies and two other major counterparts, added 0.2% to 97.145.



The Aussie dollar dropped 0.8% to $0.6502. Meanwhile, the New Zealand dollar slipped 0.7% to $0.6010.