India, March 3 -- Trade tariff turbulence and uncertainty about peace in Ukraine lifted the Dollar Index during the week ended February 28. The week witnessed the U.S. Dollar strengthening against the euro, the British pound, the Australian dollar as well as the Japanese yen. The 6-currency Dollar Index which measures the U.S. Dollar's relative strength also recorded weekly gains of close to a percent.
The Dollar Index, a measure of the Dollar's strength against a basket of 6 currencies rallied 0.94 percent during the week ended February 28 amidst persisting tariff warnings from the U.S. The Dollar Index jumped to 107.61, from 106.61 a week earlier. The index ranged between 106.13 recorded on Monday and 107.66 touched on Friday in a week t...