AlHijjah 22, 1432, Nov 18, 2011, SPA -- The euro is rising against the dollar on rumors that the European Central Bank may loan money to the International Monetary Fund to help bail out troubled countries, as AP reported. Traders are also buying euros because borrowing rates in Italy and Spain eased Friday, a sign that investors are less worried of a default by those countries. The borrowing rates in those countries have risen over the past week. The euro rose to $1.3513 in midday trading Friday from $1.3466 late Thursday. The British pound $1.5774 from $1.5758. The dollar fell to 76.82 Japanese yen from 76.95 Japanese yen, to 0.9164 Swiss franc from 0.9198 Swiss franc and to 1.0255 Canadian dollar from 1.0280 Canadian dollar.
