Mumbai, June 2 -- The US dollar index sank under 99 mark on Monday amid renewed trade tensions between the United States (US) and China after the US President Donald Trump claimed on Friday that China had violated their trade agreement. In a counter statement on Monday, China's Ministry of Commerce said the US had "seriously undermined" the agreement reached during Geneva talks in May, where both nations agreed to significantly lower tariffs on each other's goods. If the US persists in its unilateral approach and continues to harm China's interests, China will resolutely take strong measures to safeguard its legitimate rights and interests, the MOFCOM spokesperson noted. The dollar also weakened after President Donald Trump announced on F...
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