LONDON, May 29: The dollar was firmer on Thursday after US growth figures suggested there was some underlying strength in the economy despite the ravages of the subprime home loan crisis, dealers said.
In late European trade on Thursday, the euro was at $1.5529, down from $1.5566 earlier in the day and $1.5641 in New York late on Wednesday.
Against the Japanese currency, it rose to 105.50 yen.—AFP
Read more
On DawnNews
Dear visitor, the comments section is undergoing an overhaul and will return soon.