US dollar rises on upbeat GDP report

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New York, Feb 27 (IANS) The US dollar increased against most major currencies as the economic growth data from the country came out positive.

In the late New York trading on Friday, the euro fell to $1.0928 from $1.1024 of the previous session, and the British pound dropped to $1.3861 from $1.3965, Xinhua news agency reported.

The Australian dollar went down to $0.7123 from $0.7231.

The US dollar bought 113.91 Japanese yen, higher than 112.96 yen of the previous session.

The dollar increased to 0.9974 Swiss franc from 0.9903 Swiss franc but dropped to 1.3522 Canadian dollars from 1.3540 Canadian dollars.

The dollar index, which measures the greenback against six other currencies, was up 0.88 percent at 98.139 in late trading.

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