US dollar climbs

8 December, 2019 12:00 AM printer

NEW YORK: The U.S. dollar strengthened against it major rivals in late trading Friday, boosted by stronger-than-expected jobs data.

U.S. employers added 266,000 jobs in November, and the unemployment rate dropped slightly to 3.5 percent, the lowest in nearly five decades, the U.S. Bureau of Labor Statistics reported Friday, reports Xinhua.

Job gains mainly occurred in healthcare and in professional and technical services, the report showed. Economists surveyed by MarketWatch had predicted a more modest gain of 180,000.

The dollar index, which measures the greenback against six major peers, was up 0.29 percent at 97.7009 in late trading.


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