Dollar rises as Dow jumps to record high

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Associated Press

Posted on March 5, 2013 at 1:02 PM

NEW YORK (AP) — The dollar is rising against most major currencies as the Dow Jones industrial average trades at an all-time high.

The euro fell to $1.3016 from $1.3022 late Monday. The British pound fell to $1.5098 from $1.5112.

The Dow rose past its previous record set in October 2007 to 14,266 in afternoon trading Tuesday. The Dow has more than doubled since falling to a low of 6,547 in March 2009 during the financial crisis.

The dollar rose to 0.9429 Swiss franc from 0.9342 Swiss franc.

The dollar fell to 93.36 Japanese yen from 93.42 Japanese yen.

The dollar was unchanged at 1.0279 Canadian dollars.

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