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US dollar falls

Sat, Apr 30, 2016, 07:55 AM
New York, April 30: The US dollar continued to tumble against the Japanese yen on Friday as investors digested a batch of US economic data.

In late New York trading on Friday, the euro rose to $1.1448 from $1.1350 in the previous session, and the British pound fell to $1.4602 from $1.4610 in the previous session, Xinhua news agency reported.

The Australian dollar decreased to $0.7602 from $0.7638.

The US dollar bought 106.69 Japanese yen, lower than 108.10 yen of the previous session.

The US dollar dipped to 0.9593 Swiss franc from 0.9667 Swiss franc, and it climbed to 1.2543 Canadian dollars from 1.2518 Canadian dollars.

On Thursday, the US dollar plunged about 3 percent against Japanese yen after the Bank of Japan decided to keep its current monetary policy unchanged despite market expectations of additional easing.

The dollar index, which measures the greenback against six major peers, was down 0.76 percent at 93.048 in late trading on Friday.
Agency: IANS

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