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Euro Rises on Europe’s Ukraine Peace PushSingapore, 3 Mar (ONA) — The euro today rose from a 2-1/2-week low
against the US dollar and sterling also advanced with
Europe taking the lead in a renewed push for peace in Ukraine.
The US dollar index – which measures the currency against the
euro, sterling, yen, Canadian dollar and two other major rivals –
eased 0.1% to 107.21.
The euro climbed 0.4% to $1.0417 early in the Asian morning.
Sterling gained 0.2% to $1.2604.
The Aussie rose 0.2% to $0.6219, while New Zealand’s kiwi added
0.1% to $0.5602.
The safe-haven yen was 0.1% weaker at 150.46 per dollar.
The Canadian dollar and Mexican peso each gained about 0.2% to
be at C$1.4443 and 20.49 pesos per US dollar.
China’s yuan stabilized at 7.2948 per dollar in offshore
trading.— Ends/Khalid
