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U.S. dollar ticks up

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China

U.S. dollar ticks up

2025-12-09 13:37 Last Updated At:14:27

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

The dollar index, which measures the greenback against six major peers, gained 0.1 percent to 99.087 at 2000 GMT.

In late New York trading, the euro dropped to 1.1640 dollars from 1.1643 dollars in the previous session, and the British pound lost to 1.3327 dollars from 1.3334 dollars in the previous session.

The U.S. dollar bought 155.91 Japanese yen, higher than 155.29 Japanese yen in the previous session. The U.S. dollar added to 0.8067 Swiss francs from 0.8044 Swiss francs, and it advanced to 1.385 Canadian dollars from 1.3837 Canadian dollars. The U.S. dollar fell to 9.402 Swedish kronor from 9.4059 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

The Council of the European Union (EU) on Monday formally adopted the European Defense Industry Programme, aiming to boost the EU's defense readiness.

The programme supports common procurement among member states, ramps up production capacity of critical defense products, and activities to increase interoperability and interchangeability, said the council, adding that it also supports Ukraine's defense industry through a dedicated instrument.

It will provide 1.5 billion euros in grants for the period 2025-2027, out of which 300 million euros are earmarked for Ukrainian support, according to the council.

The adoption marks the final step in the legislative procedure. The regulation will be signed on Dec 17 and enter into force on the day following its publication in the Official Journal of the European Union, the council said.

EU Council adopts defense industry programme to boost readiness

EU Council adopts defense industry programme to boost readiness

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