US dollar rises as risk appetite grows

New York, Aug 27 (IANS) The US dollar rose in the late trading against Japanese yen and Swiss franc amid investors' growing risk appetite.

In late New York trading on Monday, the euro fell to $1.1097 from $1.1145 in the previous session, and the British pound was down to $1.2218 from $1.2284 in the previous session, Xinhua news agency reported.

The dollar index, which measures the greenback against six major peers, increased 0.45 per cent at 98.0843 in late trading.

The Australian dollar rose to $0.6774 from $0.6752.

The US dollar bought 106.19 Japanese yen, higher than 105.29 Japanese yen of the previous session. The US dollar rose to 0.9796 Swiss franc from 0.9742 Swiss franc, and it fell to 1.3262 Canadian dollars from 1.3293 Canadian dollars.

--IANS

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Source : ians

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