US dollar mixed amid Greece deal

GMT 04:20 2015 Wednesday ,12 August

Arab Today, arab today US dollar mixed amid Greece deal

US dollar
New York - XINHUA

The U.S. dollar fluctuated against most major currencies Tuesday as Greek government sealed its third bailout deal.

Greece and its creditors have completed negotiations on the terms of a third bailout package, which worth up to 86 billion euro.

China's RMB fell sharply in value following a central bank decision to improve the yuan's central parity system that aims to better reflect its market exchange rate against the dollar.

The People's Bank of China (PBOC) cited a strong U.S. dollar and sharp appreciation in the RMB real effective exchange rate as key considerations behind the policy change.

In late New York trading, the euro gained to 1.1035 dollars from 1.1019 dollars of the previous session, and the British pound decreased to 1.5564 dollars from 1.5601 dollars. The Australian dollar went down to 0.7291 dollar from 0.7410 dollar.

The dollar bought 125.15 Japanese yen, higher than 124.61 yen of the previous session. The greenback moved up to 0.9892 Swiss franc from 0.9836 Swiss franc, and moved up to 1.3124 Canadian dollars from 1.3001 Canadian dollars.

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