Dollar weakens against dollar on fears over China-US tensions

The weakened sharply against the dollar on Wednesday due to concerns between the US and China over the past week, sparked by US Speaker Nancy Pelosi's visit to erode risk appetite. It sent investors rushing to the safety of the dollar, dealers said.

Business Standard has always tried to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we will continue to keep you informed and informed with credible news, authoritative views and incisive commentary on topical issues of relevance.

We have a request. We need your support to fight the economic impact of the pandemic, so we can continue to offer you quality content. Many of you have subscribed to our online content because of our subscription model. We can only achieve the goals of giving you more relevant content by adding more subscribers to our online content. We believe in free, fair, and credible journalism.