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Euro rises versus US dollar
Saudi Press Agency Published in Saudi Press Agency on 02 - 07 - 2008


The 15-nation euro rose Wednesday against
the U.S. dollar as traders anticipated more interest rate
hikes from the European Central Bank, the Associated Press reported.
In morning European trading the euro bought US$1.5830, up
from US$1.5793 the night before in New York. The British
pound rose to US$1.9961, up from US$1.9944 in New York,
while the dollar rose slightly to purchase 106.04 Japanese
yen from 106.01 on Tuesday.

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