BLBG:Dollar Strengthens Against Most Peers as Stock Declines Boost Haven Demand
The dollar strengthened against 14 of its 16 major peers as declines in Asian equities boosted demand for the U.S. currency as a haven.
The greenback rose 0.2 percent to 77.16 yen as of 11:32 a.m. in Tokyo and was little changed at $1.3256 per euro. The MSCI Asia Pacific Index of shares fell as much as 1 percent.
To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net
To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net
