Economic news

Review: Dollar draws support from Fed comments

The dollar got support after comments from a U.S. policymaker raised Federal Reserve policy tightening expectations.

The dollar index against the basket of major competitors rose to a mark of 101.30.

The Japanese yen, a favorite asset of investors during periods of stress, showed strength against the dollar, rising to 111.44 yen, after dipping to 110.11 on Friday, its lowest level since March 27.

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