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The Economic Times

Global Business / The Economic Times

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Dollar crashes against major currencies: Why is USD rate down today?

U.S. dollar index fell about 0.3 per cent to 98.969. Euro rose 0.40 per cent to $1.1649 and the British pound gained 0.55 per cent to $1.35044. The Australian dollar advanced 0.64 per cent at $0.7174, while its kiwi counterpart tacked on 0.5 per cent to $0.58750.

25 May 2026 6:27 pm