Business

Dollar near weekly lows amid mixed performance in cryptocurrencies

Jun 13, 2026

New York [US], June 13: The US dollar was little changed in Friday trading but remained on track for a weekly loss as markets monitored global geopolitical and economic developments.
The euro held steady at US$1.15725, near its highest level in a week, supported by the European Central Bank's decision to raise interest rates for the first time in three years.
The dollar rose 0.18 percent against the Japanese yen to 160.225 yen, while sterling was unchanged at US$1.34145.
The US Dollar Index, which measures the greenback against a basket of major currencies, was steady at 99.75 after falling to a one-week low in the previous session.
In cryptocurrency markets, Bitcoin gained 0.4 percent to US$63,595, while Ethereum declined 0.29 percent to US$1,666.
Source: Emirates News Agency

More news

Leadership in the Age of Digital Transformation: Why Strategic Tech Fluency Is Now Essential

New Delhi [India], October 28: Organisations across industries are investing heavily in artificial intelligence, analytics, automation and digital platforms, yet the returns remain uneven. A 2025 McKinsey study found that only 16 % of digital transformation initiatives succeed in delivering sustained performance improvements, despite widespread adoption of advanced technologies. At the same time, Gartner reports that 65 % of organisations now regularly use generative AI in decision-making, signalling that access to technology is no longer the constraint. The disconnect lies elsewhere.

Oct 28, 2026