Dollar trims annual gains in low volatility year, more action seen in 2020
Updated : December 30, 2019 07:42 AM IST
The dollar index was stable at 96.942 against six major currencies after sliding 0.6 percent on Friday for its biggest single day percentage drop since June.
With Friday’s loss, the index’s gains for the year have shrunk to under 1 percent, putting it on track for the smallest annual change in six years.
Against the Japanese yen the dollar was treading water at 109.41, on track to end the year where it started in January.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more