Asian currencies rose broadly as the US dollar slipped near a four‑week low after President Trump announced a two‑week US‑Iran ceasefire.
The New Zealand dollar jumped 1.7% following the Reserve Bank of New Zealand’s decision to keep its cash rate unchanged at 2.25%.
The Indian rupee fell 0.5% to a three‑week low ahead of the RBI’s expected hold on the repo rate at 5.25%.
The onshore Chinese yuan rose to a three‑year high, trading at 6.82 per dollar, while oil prices slipped below $100 a barrel.