Copper prices in London rose on Wednesday as a weaker dollar made greenback-priced metals cheaper and more appealing to holders of other currencies.

Three-month copper on the London Metal Exchange rose 0.2% to $7,876.50 a tonne by 0327 GMT, while the most-traded February copper contract on the Shanghai Futures Exchange dipped 0.3% to 58,400 yuan ($8,952.66) a tonne.

The dollar slumped to multi-year lows against many currencies as traders looked past a new delay in U.S. stimulus checks and maintained bets additional financial aid was still likely.

The U.S. House of Representatives on Monday approved to increase COVID-19 relief checks to $2,000 from $600, but an approval is still needed at the Senate, which has delayed the vote.

In Shanghai, nickel dropped 2.3% to 125,240 yuan a tonne, zinc declined 1.9% to 20,945 yuan a tonne while aluminium dipped 0.1% to 15,465 yuan a tonne and lead fell 0.7% to 14,705 yuan a tonne.