US dollar ticks up

The U.S. dollar strengthened in late trading on Thursday.

The dollar index, which measures the greenback against six major peers, added 0.21 percent to 98.348 at 1900 GMT.

In late New York trading, the euro fell to 1.1644 dollars from 1.1662 dollars in the previous session, and the British pound slipped to 1.3426 dollars from 1.3442 dollars in the previous session.

The U.S. dollar bought 148.56 Japanese yen, higher than 147.97 Japanese yen in the previous session. The U.S. dollar rose to 0.8063 Swiss francs from 0.8040 Swiss francs, and it climbed to 1.3829 Canadian dollars from 1.3797 Canadian dollars. The U.S. dollar was up to 9.4732 Swedish kronor from 9.4280 Swedish kronor

The multilateral system is "under attack" amid global turmoil, President of the 80th UN General Assembly Annalena Baerbock warned in her remarks on Wednesday.

In her briefing on the priorities for the resumed 80th Session of the General Assembly, the UNGA president noted that the current multilateral system does not collapse all in a sudden, but "crumbles piece by piece" in divisions, compromises, and lack of political commitment.

The president called all the UN member states to defend the UN Charter and international law and promote cross-regional cooperation.

She also urged to push forward the work of the UNGA on certain critical issues with a strong majority, rather than an absolute consensus among all member states. Such act is not a failure of multilateralism, but "an affirmation of it," she said.

The foundational principles of the institution should not be eroded by appeasement, she said, calling the member states to show courage, leadership, and responsibility at the UN's "critical make-or-break moment."

"The UN needs you. Your support, your leadership, your principle, stand, your cross-regional cooperation, if we are to preserve and modernize this institution, if we are to make it, rather than break it," she said.