U.S. dollar advances on concerns over U.S. debt default risk, strong data


  • World
  • Friday, 26 May 2023

NEW YORK, May 25 (Xinhua) -- The U.S. dollar strengthened against a basket of other currencies on Thursday amid continuous concerns over possible U.S. debt default and upbeat macroeconomic and labor market data.

The dollar index, which measures the greenback against six major peers, rose 0.34 percent to 104.2424 in late trading.

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