Dollar gains

Published July 28, 2007

LONDON, July 27: The dollar gained on the euro here on Friday, as investors turned to the greenback as a safe haven amid fears of a looming financial credit crunch. The single European currency was at $1.3647 in late-day trade, down from $1.3743 in New York on Thursday.

The dollar was meanwhile trading at 118.57 yen after 118.68 on Thursday.

The pound was being traded at 2.0290 dollars (2.0484).—AFP

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