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Dollar Maintains Strength Amid Middle East Tensions

Hanoi:The dollar remained near an 18-month high on Monday as tensions in the Middle East continued to unsettle investors ahead of upcoming US inflation data, which could impact monetary policy.

According to Qatar News Agency, the dollar index, which assesses the US currency's strength against six others, was slightly down at 102.16, but it was still close to the peak reached the previous week. Against the yen, the dollar was down 0.06% at 158.245 yen.

The Australian dollar and New Zealand's kiwi showed little movement, standing at $0.69815 and $0.56080, respectively. The British pound rose slightly by 0.1% to $1.3245, while both the onshore and offshore yuan remained stable against the dollar.

In other currency movements, the Indian rupee increased by 1% to 95.8 against the dollar after the central bank took measures to reduce currency pressure. The South Korean won rose to a two-year high, gaining 0.5% to 1,334 against the dollar.