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February 16, 2007 Friday Muharram 27, 1428





Dollar falls


LONDON, Feb 15: The dollar fell to its lowest reading against the euro since the beginning of January on Thursday on a weaker-than-expected survey of US industrial output and a capital flow surplus that was far lower than foreseen.

The single European currency in late day deals was at $1.3148 after $1.3128 late Wednesday in New York.

The dollar meanwhile dropped to a 10-day low of 119.37 yen before climbing back to 119.41, against 120.76 on Thursday.

On the London Bullion Market, the price of gold fell to $664.75 per ounce from $668.25 late on Wednesday.—AFP






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