Euro rises on dollar to $1.2917
The euro nudged up slightly on Thursday against the U.S. dollar even as Washington moved closer to putting a massive economic stimulus package into effect.
By Agencies |
FRANKFURT: The euro nudged up slightly on Thursday against the U.S. dollar even as Washington moved closer to putting a massive economic stimulus package into effect.
The 16-nation euro bought $1.2917 in European morning trading, up from $1.2911 late Wednesday in New York.
The British pound bought $1.4372 Thursday, down from $1.4384 the night before, while the dollar slipped to purchase 90.15 Japanese yen from 90.47 in New York.
On Wednesday, U.S. lawmakers agreed on a $789 bn version of the economic stimulus package, and said President Barack Obama could sign the bill into law within days. The programs are aimed at adding millions of jobs to the struggling economy, helping counteract rising unemployment.
The 16-nation euro bought $1.2917 in European morning trading, up from $1.2911 late Wednesday in New York.
The British pound bought $1.4372 Thursday, down from $1.4384 the night before, while the dollar slipped to purchase 90.15 Japanese yen from 90.47 in New York.
On Wednesday, U.S. lawmakers agreed on a $789 bn version of the economic stimulus package, and said President Barack Obama could sign the bill into law within days. The programs are aimed at adding millions of jobs to the struggling economy, helping counteract rising unemployment.
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