US dollar climbs due to uncertainty about EvergrandeReuters, NEW YORKThe US dollar rose on Friday and posted its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered property developer China Evergrande Group (恆大集團) helped the greenback bounce back from a sharp decline in the prior session. The offshore Chinese yuan weakened versus the greenback to yuan 6.4641 per dollar. The US dollar index rose 0.237 percent, with the euro down 0.2 percent at US$1.1713. NEW TAIWAN DOLLARThe New Taiwan dollar rose against the US dollar, gaining NT$0.042 to close at NT$27.731, up a slight 0.02 percent from NT$27.736 a week earlier. The Japanese yen weakened 0.43 percent to ￥110.77 versus the greenback, while Sterling declined 0.36 percent to US$1.3676.

Source: Taipei Times September 25, 2021 15:56 UTC