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    Categories: Business

Dollar climbs

The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the "safe-haven" greenback.

In late afternoon trading here, the European single currency weakened to 1.3987 dollars from 1.3997 dollars in New York late on Thursday.

Against the Japanese currency, the dollar also edged up to 96.00 yen from 95.94 yen on Thursday while the euro rose to 134.44 yen from 134.30 previously.

Trading activity was limited however because US currency markets were closed for a public holiday ahead of the July 4 Independence Day celebrations.
 

S. M. Mahmud:
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