The dollar rose Tuesday to its highest level against the Norwegian krone since July 2002 as weakening oil prices continued to weigh on the economies of major oil exporters.The Canadian dollar CADUSD, +0.07% traded at 84.46 cents, its lowest level against the buck since May 2009. It traded above 85 cents to the dollar Monday. The dollar RUBUSD, +0.01% traded for 63.66 rubles, its highest level against the Russian currency since Dec. 17. It traded at 61.60 rubles Monday.
The greenback USDNOK, +0.09% traded at 7.76 krone Tuesday, compared with 7.63 krone Monday.
The dollar was unable to entirely avoid the headwinds caused by falling oil. The greenback USDJPY, +0.57% traded at 118.50 yen, its weakest level against the Japanese currency since mid-December. Japan relies on oil imports to meet its energy demand.
The euro EURUSD, -0.12% fell to $1.1859, hitting a nine-year low for the second time in two sessions. The shared currency traded at just above $1.19 Monday afternoon.
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