Dollar steady, yen near 40-year lows
The exchange rate of the US dollar remained stable at approximately 101.11 points against a basket of major currencies, amid expectations of rising oil prices and their impact on inflation. Meanwhile, the euro saw a modest increase to 1.1412 dollars, the Australian dollar fell to 0.6989 dollars, and the New Zealand dollar dropped to 0.5811 dollars. The Japanese yen stayed close to its lowest levels in nearly 40 years at 163.1 yen per dollar.
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