25 March 2005, 15:52  U.S. Dollar Is Mixed in Asian Trading, U.S., European Markets Closed for Holiday Weekend

The U.S. dollar rose against the euro but slipped against the yen Friday in Asian trading, benefiting from a U.S. interest rate rise amid quiet trading as the long Easter holiday weekend was observed in many countries.
The U.S. and European financial markets were closed in observance of the Good Friday and Easter holidays.
The dollar slipped 0.03 yen to 106.38 yen by late afternoon in Tokyo compared with late Thursday in that market but was up from 106.35 yen it bought in New York later that day.
The U.S. currency rose against the euro in Tokyo after the Fed's quarter percentage point interest rate hike earlier in the week. The shared currency of 12 European nations fell to $1.2957 late Friday from $1.3013 late on Thursday.
The dollar was mostly higher against other regional currencies, edging up to 1,014.3 South Korean won from 1,013.5 the previous day, and to 43.725 Indian rupee from 43.70.
But trading was generally quiet as Japanese exporters and importers took to the sidelines, traders said.

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