Friday, July 25, 2014

Dollar rises on last-minute budget deal

February 20. 2013 12:30AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) The dollar is rising against most major currencies after Congress approved a budget deal, avoiding a series of tax increases and cuts in government spending.

Traders have been concerned that a deal would not be reached, possibly sending the U.S. economy back into a recession.

The euro fell to $1.3165 in afternoon trading from $1.3192 late Tuesday.

The British pound fell to $1.6234 from $1.6243.

The dollar rose to 87.06 Japanese yen from 86.76 Japanese yen and to 0.9190 Swiss franc from 0.9163 Swiss franc.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds