World Economy

Dollar Slides

Dollar Slides  Dollar Slides

The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors’ view of riskier assets soured, pushing shares and oil prices lower as the outlook for US interest rates remained clouded, CNBC reported. The Japanese currency, often sought in times of market turmoil or economic uncertainty, fell as low as 110.30 per dollar as the Asian trading day ended with losses in many stock markets. The dollar fell 0.8% against the yen and last traded at 110.40 yen. The euro fell 0.3% to $1.13.