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Euro up against the dollar, amid market jitters surrounding Benazir Bhutto's assassination

Euro up against the dollar, amid market jitters surrounding Benazir Bhutto's assassination

The dollar continued its slide against the euro on Friday amid market uncertainty surrounding the assassination of former Pakistani Prime Minister Benazir Bhutto.
The 13-nation currency bought US$1.4656 in early European trading, up from US$1.4627 in late New York trading on Thursday.
The British pound climbed to US$1.9976, from US$1.9958 , while the dollar slid to 113.05 Japanese yen from 113.69 yen.
The dollar has suffered lately from worries over the health of the U.S. economy in the wake of the subprime lending crisis. Weak reports from the Commerce and Labor Departments in Washington on Thursday did little to encourage markets.
News of Bhutto's killing also appeared to contribute to nervousness, amid persistent violence across Pakistan that badly damaged plans to restore democracy in the nuclear-armed U.S. ally.


Updated : 2021-04-15 15:59 GMT+08:00