Dollar increases after US warns of Russian assaultReuters, WASHINGTONThe US dollar rose on Friday, after the US said that Russia has massed enough troops near Ukraine to launch a major invasion. A Russian attack could begin any day and would likely start with an air assault, US National Security Adviser Jake Sullivan told a media briefing. Photo: ReutersThe US dollar index, a measure of the greenback against six major currencies, rose 0.5 percent to 96.03, posting a weekly increase of 0.57 percent. The New Taiwan dollar declined against the US dollar on Friday, losing NT$0.021 to close at NT$27.846. “I tend to think we consolidate in the short term here, and am still biased toward euro downside, dollar upside against most currencies,” he said.

Source: Taipei Times February 13, 2022 02:23 UTC