Dollar rises after Chinese data
NEW YORK— The dollar rose against most other major currencies Friday after China’s economy showed signs of rebounding.
Growth in China rose 7.9 percent in the three months ending in December, up from 7.4 percent the previous quarter.
The euro fell to $1.3320 in late trading Friday from $1.3384 late Thursday. The British pound fell to $1.5868 from $1.6007.
The dollar rose to 90.03 Japanese yen from 89.97 Japanese yen, to 0.9347 Swiss franc from 0.9328 Swiss franc and to 99.25 Canadian cents from 98.52 Canadian cents.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94