NEW YORK, March 1 — The US dollar increased in late trading yesterday, amid weakness in the euro, Xinhua reported.

The dollar index, which measures the greenback against six major peers, rose 0.18 per cent to 104.8709.

In late New York trading, the euro decreased to US$1.0582 (RM4.75) from US$1.0607 in the previous session, and the British pound fell to US$1.2054 from US$1.2057 in the previous session.

The US dollar bought 136.11 Japanese yen, lower than 136.24 Japanese yen of the previous session.

The US dollar rose to 0.9406 Swiss francs from 0.9359 Swiss francs, and it was up to 1.3629 Canadian dollars from 1.3578 Canadian dollars. The US dollar rose to 10.4501 Swedish Kronor from 10.4012 Swedish Kronor.

The US currency has appreciated in recent weeks as US economic data added to concerns that the Federal Reserve may have to raise rates further and keep them higher for longer. — Bernama