Dollar, yen strengthen on lingering trade, emerging market worries
Updated : September 04, 2018 08:02 AM IST
Fears of a hit to global growth from US President Donald Trump’s ‘America First’ protectionist policies have kept markets in a state of heightened anxiety for much of this year.
The dollar index against a basket of six currencies was 0.1 percent higher at 95.236 as of 0115 GMT, nearing its highest level since Aug. 27.
Investors remained on edge over ructions in emerging markets. Currencies including the Argentine peso, Turkish lira, South African rand, Brazilian real, Indonesian rupiah and Indian rupee have suffered in recent weeks.