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Dollar up after New York losses fuelled by plane tragedy

Saturday, 19 July 2014



TOKYO, July 18 (AFP) : The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had crashed in Ukraine killing almost 300 people, with the US saying it had been shot down.
The Malaysian ringgit slipped against the greenback in response to the tragedy, the second to hit the troubled carrier since the disappearance of flight MH370 in March.
In Tokyo afternoon trading, the dollar bought 101.32 yen, up from 101.17 yen in New York but well down from Tokyo levels around 101.50 yen Thursday.
The dollar was also buying 3.189 ringgit, after hitting 3.196 ringgit earlier in the session, against 3.175 ringgit on Thursday.