Dollar gains in Asia on data-driven stocks rally


  • Economy
  • Wednesday, 02 Jul 2014

TOKYO: The dollar rose in Asia on Wednesday, boosted by upbeat sentiment, but it is still sitting around more than 5½-year lows against the pound after a strong set of British manufacturing figures.

In midday Tokyo trading, the greenback strengthened to 101.61 yen from 101.53 yen in New York Tuesday afternoon as investor appetite for higher risk assets picked up.

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