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August 08, 2007 Wednesday Rajab 23, 1428





Dollar steady


LONDON, Aug 7: The dollar traded little changed against the euro and yen on Tuesday, as the market awaited the latest US interest rate decision and the Federal Reserve's assessment of US credit problems.

In late European trade, the single currency fell to $1.3750, from $1.3795 in New York late on Monday.

The dollar eased to 118.39 yen, from 118.88 yen.

The euro was changing hands at $1.3750, against $1.3795 late on Monday, 162.80 yen (163.97), 0.6807 pounds (0.6789) and 1.6427 Swiss francs (1.6436).—AFP






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