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Business

US dollar up amid global growth concerns

New York, July 6 

The US dollar climbed against most other major currencies as worries about a slowdown in global growth weighed on market.

In late New York trading on Tuesday, the euro fell to $1.1072 from $1.1121 in the previous session, and the British pound declined to $1.3024 from $1.3258 in the previous session, Xinhua news agency reported. 

The Australian dollar decreased to $0.7460 from $0.7485.

The US dollar bought 101.54 Japanese yen, lower than 102.53 yen of the previous session.

The US dollar rose to 0.9769 Swiss franc from 0.9751 Swiss franc, and it gained to 1.2990 Canadian dollars from 1.2902 Canadian dollars. 

The dollar index, which measures the greenback against six major peers, was up 0.55 pe rcent at 96.175 in late trading.