By Stanley White
Aug. 25 (Bloomberg) -- The dollar climbed for a second day against the euro on speculation a decline in crude oil prices will support the U.S. economy.
The dollar gained to $1.4732 per euro at 9:52 a.m. in Tokyo from $1.4793 in New York late yesterday. The U.S. currency advanced to 110.25 yen from 110.07.
Editor: James Regan, Sandy Hendry
To contact the reporter on this story: Stanley White in Tokyo at swhite28@bloomberg.net
Monday, August 25, 2008
Dollar Rises on Speculation Oil Decline to Support U.S. Economy
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