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March 28, 2008 Friday Rabi-ul-Awwal 19, 1429



Dollar regains against euro, yen


LONDON, March 27: The dollar clawed back ground on Thursday against the euro and the yen, as dealers took profits before the publication of official economic growth data in the US, analysts said.

In European trading, the euro sank to 1.5790 dollars from 1.5845 in New York late on Wednesday, when it had soared as high as 1.5858 -- which was not far off the record high of 1.5905 dollars set on March 17.

Against the Japanese currency on Thursday, the dollar rose to 99.51 yen from 99.11 on Wednesday.

On the London Bullion Market, the price of gold climbed to 948 dollars per ounce, from 946.75 dollars late on Wednesday.—AFP






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