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

More news

izmo Microsystems Successfully Develops and Qualifies Indigenous Pitch Detector for Defence Avionics

Bengaluru (Karnataka) [India], November 3: izmo Limited (NSE: IZMO) (BSE: 532341) today announced that its semiconductor subsidiary, izmo Microsystems Pvt. Ltd., has successfully developed and completed defence qualification of an indigenous Pitch Detector - a critical avionics component that senses aircraft pitch attitude and provides correction data to the gyromagnetic compass navigation system. The component is used across multiple military aircraft and helicopter platforms currently in active service.

Nov 03, 2026