The U.S. dollar increased in late trading on Thursday.
The dollar index, which measures the greenback against six major peers, added 0.35 percent to 98.734 at 15:00 (1900 GMT).
In late New York trading, the euro declined to 1.1584 dollars from 1.1628 dollars in the previous session, and the British pound was up to 1.3410 dollars from 1.3409 U.S. dollars in the previous session.
The U.S. dollar bought 148.73 Japanese yen, up from 147.94 Japanese yen in the previous session. The U.S. dollar advanced to 0.8057 Swiss francs from 0.8018 Swiss francs, and it increased to 1.3750 Canadian dollars from 1.3702 Canadian dollars. The U.S. dollar added to 9.7572 Swedish kronor from 9.7339 Swedish kronor.
U.S. dollar ticks up
President of the Republic of Korea (ROK) Lee Jae Myung said on Wednesday that his country and China can build a mutually beneficial relationship amidst competitions.
At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office in June 2025.
In an interview with the China Media Group (CMG) in Seoul, capital of the ROK, on Wednesday, Lee said that the ROK and China both place great importance on the development of high-tech fields, and this inevitably creates competitions between the two countries, but will also presents ample cooperation opportunities for both sides.
"To my knowledge, the Chinese government has made tremendous efforts in high-tech investment, research and development investment, and the talent cultivation in the field of basic research, just as the ROK has done. From this perspective, the ROK and China share similarities in economic growth strategies, which certainly creates competitions between the two countries, but it also presents broad cooperation opportunities for both sides. I believe that if we can explore areas for cooperation amid competitions and enhance our respective strengths through cooperation, we can build a mutually beneficial relationship that not only supports China's sustainable development strategy but also promotes ROK's growth strategy," Lee said.
ROK president eyes mutually beneficial relationship with China amid competitions
