U.S. dollar ticks down

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

The dollar index, which measures the greenback against six major peers, decreased 0.09 percent to 98.306 at 3 p.m. (2000 GMT).

In late New York trading, the euro added to 1.1749 dollars from 1.1740 dollars in the previous session, and the British pound rose to 1.3373 dollars from 1.3366 dollars in the previous session.

The U.S. dollar bought 155.24 Japanese yen, lower than 155.90 Japanese yen in the previous session. The U.S. dollar advanced to 0.7966 Swiss francs from 0.7959 Swiss francs, and it climbed to 1.3773 Canadian dollars from 1.3766 Canadian dollars. The U.S. dollar was up to 9.2895 Swedish kronor from 9.2732 Swedish kronor.

Russian President Vladimir Putin said on Wednesday that Russia holds the strategic initiative along the entire front lines and the goals of the country's special military operation in Ukraine will be achieved.

"The past year has been an important milestone in fulfilling the tasks of the special military operation," Putin said while addressing an expanded meeting of the Russian Defense Ministry.

Putin underscored that Russia has the capability to accelerate its offensive pace, adding that Russia's task of expanding the security buffer zone will be fulfilled, and the core goals of the operation will be realized.

"This year alone, more than 300 settlements have been liberated, including major cities that the enemy had turned into fortified strongholds equipped with long-term defensive structures," the Russian leader said.

He said that the Russian military currently holds the strategic initiative along the entire Russia-Ukraine conflict front and is defeating Ukrainian forces, including elite Ukrainian units trained in the West.

Russia is currently seeking mutually beneficial and fair cooperation with the United States and European countries, Putin said.

Putin rejected claims portraying Russia as a threat to European nations, saying that such narratives are unfounded and fabricated.

Putin also announced that several submarines and surface ships have been commissioned into the Russian Navy this year, while the "Oreshnik" missile complex will enter combat duty by the end of 2025.