Tags: dollar

Dollar Rises vs. Euro on U.S. Asset Plan

Friday, 19 Sep 2008 10:43 AM

The dollar rose against the euro on Friday as investors bought dollars on news that the U.S. government is considering a comprehensive plan to deal with toxic bank assets choking the financial system.

The euro fell more than 1 cent or 0.7 percent from late New York trade to $1.4245.

The dollar climbed 0.7 percent against the yen to 106.15 yen.

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The dollar rose against the euro on Friday as investors bought dollars on news that the U.S. government is considering a comprehensive plan to deal with toxic bank assets choking the financial system.The euro fell more than 1 cent or 0.7 percent from late New York trade to...
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