U.S. dollar declines against British pound as Boris Johnson wins election

Source: Xinhua| 2019-12-14 07:41:47|Editor: Lu Hui
Video PlayerClose

NEW YORK, Dec. 13 (Xinhua) -- The U.S. dollar declined against the British pound on Friday after British Prime Minister Boris Johnson was officially declared winner of Britain's general election.

Johnson, Conservative Party leader, has promised to "get Brexit done" and take the country out of the European Union (EU) on Jan. 31, 2020 to end the uncertainty that has clouded the economy since the Brexit referendum in 2016.

The British pound rose on the news.

The dollar index, which measures the greenback against six major peers, fell 0.26 percent at 97.1724 in late trading.

In late New York trading, the euro increased to 1.1119 U.S. dollars from 1.1111 U.S. dollars in the previous session, and the British pound increased to 1.3338 U.S. dollars from 1.3132 U.S. dollars in the previous session. The Australian dollar fell to 0.6868 U.S. dollar from 0.6898 U.S. dollar.

The U.S. dollar bought 109.31 Japanese yen, lower than 109.34 Japanese yen of the previous session. The U.S. dollar decreased to 0.9838 Swiss franc from 0.9858 Swiss franc, and it rose to 1.3186 Canadian dollars from 1.3184 Canadian dollars.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011102351386298281