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Dollar struggles near two-month lows, yen sags on receding risk aversion

Updated : September 21, 2018 06:39 AM IST

The dollar index against a basket of six major currencies stood at 93.910 after touching 93.829 overnight, its lowest since July 9.
The index has fallen more than 1 percent this week, with investor flows being diverted away from the greenback to its peers such as emerging market currencies amid an ebb in US-China trade war concerns.
China’s yuan stood little changed at 6.835 per dollar in offshore trade after gaining 0.25 percent overnight.
Dollar struggles near two-month lows, yen sags on receding risk aversion

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