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Dollar Drifts Lower As Safe-haven Demand Drops Amid Progress In Ukraine Peace Talks

The U.S. dollar shed ground against most of its major rivals on Tuesday as reports about progress in Russia-Ukraine cease-fire talks dimmed the demand for the safe-haven currency.

According to a Reuters report, Russia's deputy defense minister has said that Russia has decided to drastically cut its military activity focused on Kyiv and Chernihiv. Ukrainian negotiators proposed adopting neutral status in exchange for security guarantees.

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by RTTNews Staff Writer

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