The greenback soared to a three-year high of 102.99 against a basket of currencies in March, before ending the year at 89.96, down 6.77pc on the year and 12.65pc from its March high.
"We might not see improvement until we're well into March as it will take time for our Covid response plan to begin to produce visible progress," Biden said.
Miller released a statement Monday saying the Pentagon's coordination efforts with the transition team "already surpass those of recent administrations with over three weeks to go."
At a news conference, Biden faulted President Donald Trump for stripping U.S. defenses against cyber attacks, saying, “This assault happened on Donald Trump’s watch, when he wasn’t watching."
"This is no time to build back the way things were before - this is the moment to build a new American economy that works for all," Biden said in the statement.
Iran should avoid taking any tactical steps that would make it hard for Biden to reverse President Donald Trump’s decision to quit the deal, says German Foreign Minister.
“This chance, this last window of opportunity, must not be wasted.”
The climate team will be formally introduced in Biden’s home state of Delaware on Saturday, during a press briefing where he’s expected to tease further details of his climate plan.
Some of Trump’s political appointees in the defense department have recently stopped cooperating, Yohannes Abraham, the executive director of Biden’s transition team said.
A panel of outside FDA advisers met to discuss Moderna's vaccine on Thursday and an agency decision on its emergency use authorization was expected as soon as Friday.
Trump, who frequently downplayed the severity of the pandemic and feuded with top US public health officials, was hospitalized in October after testing positive for COVID-19.
Speaking at his annual press conference, Putin added that Russian hackers had not meddled in the 2016 U.S. presidential vote to help Donald Trump get elected.
Appearing with Buttigieg in Wilmington, Delaware, Biden said the 38-year-old would confront the task of restoring what he called "our crumbling roads, bridges and ports." Biden has proposed a massive boost in infrastructure spending.
With hospitalizations setting a record for the 19th day in a row - nearly 113,000 patients under treatment on Wednesday - health experts warn that fatalities will rise higher still in the weeks ahead, even as the vaccine campaign steadily expands.
The other nations involved were more circumspect when welcoming progress in mediation efforts by Kuwait and the United States, which wants Gulf Arabs to be united against Iran.
"Some say you are overexcited by the advent of Mr. Biden. No, we are not, but we are very happy to see Trump leave," he said in televised comments at a cabinet meeting.