Dollar hits 26-yr low against pound
Afp, London
Dollar sank to a 26-year trough against British pound on Tuesday, dealers said. Pound rose to 2.0197 dollars in early European trade -- the highest level since 1981. It later stood at 2.0166 dollars. Euro traded at 1.3610 dollars, compared with 1.3623 dollars late on Monday in New York. The single currency had hit 1.3638 dollars on Monday, which was the highest level since May 1. Its all-time high against dollar, 1.3682, was reached on April 27.
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