LONDON, April 24: The dollar fell on Monday, hovering near a seven-month low after G7 finance chiefs urged a more flexible Chinese currency to help tackle global economic imbalances, dealers said.
The euro struck a peak of $1.2410 on Monday, which was its highest point since September 12, 2005.
The yen reached 114.88 dollars, the highest level since January 25 and a 2.5 per cent gain since Friday.
In late European trade, the euro stood at $1.2372 from $1.2342 late on Friday in New York.
The dollar fell to 114.94 yen, from 116.60 on Friday.
On the London Bullion Market, the price of an ounce of gold fell to $622.50 per ounce, from $623.50 late on Friday.—AFP
