U.S. dollar ticks up

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

The dollar index, which measures the greenback against six major peers, added 0.27 percent to 99.809 at 15:00 (1900 GMT).

In late New York trading, the euro lost to 1.1542 dollars from 1.1564 dollars in the previous session, and the British pound added to 1.3509 dollars from 1.3499 dollars in the previous session.

The U.S. dollar bought 159.24 Japanese yen, higher than 157.55 Japanese yen in the previous session. The U.S. dollar increased to 0.8101 Swiss francs from 0.8076 Swiss francs, and it was up to 1.3942 Canadian dollars from 1.3937 Canadian dollars. The U.S. dollar rose to 9.5016 Swedish kronor from 9.4701 Swedish kronor.

Türkiye's parliament on Monday approved a legal framework for the disarmament and reintegration of the Kurdistan Workers' Party (PKK), a key step toward ending a decades-long conflict.

Of 562 lawmakers present, 468 voted in favor and 88 against, with six abstentions after nearly 10 hours of debate, highlighting the political sensitivity of the initiative.

The draft legislation, submitted earlier this month, was endorsed by Turkish President Recep Tayyip Erdogan's ruling alliance and also received backing from the pro-Kurdish DEM Party and other opposition groups.

The government has said the legislation is designed to facilitate the disarmament process than grant a general amnesty.

It allows lower-ranking PKK members not involved in killings or other serious crimes to return to Türkiye from northern Iraq under specified legal conditions, while excluding jailed PKK founder Abdullah Ocalan, senior PKK leaders and those serving aggravated life sentences.

The conflict between the PKK and the Turkish state, which began in 1984, has claimed more than 40,000 lives, according to widely cited estimates.

In May 2025, the PKK announced its decision to disarm and disband, following Ocalan's call to end the armed struggle.