DAWN.COM

Today's Paper | November 11, 2024

Published 21 May, 2008 12:00am

Dollar falls against euro

LONDON, May 20: The dollar tumbled against the euro on Tuesday after higher-than-expected German wholesale inflation figures were compounded by fresh record highs for oil, which will keep pressure on prices, dealers said.

The single European currency in late-day deals was at $1.5672 against $1.5509 late Monday in New York. The dollar was meanwhile at 103.66 yen, down from 104.31.—AFP

Read Comments

Death toll rises to 26 in Quetta Railway Station blast, 62 injured Next Story