The dollar rose Friday in Asian trading as the market awaited the release of a U.S. consumer credit report for August later in the day for further signs on the state of the American economy. The dollar was trading at 110.53 yen in Tokyo late morning, up 0.21 yen from late Thursday, and just above the 110.52 yen it bought in New York later that day. The euro fell to US$1.2415 from US$1.2430 late Thursday. Overnight in New York, the dollar climbed as crude oil prices remained below levels that predate Hurricane Katrina. The view that the storm's damage won't prevent the U.S. Federal Reserve from raising interest rates later this month also helped lift the dollar. Crude oil prices rose in Asian trading, though, with October futures rising above US$65. Fears that the storm's aftermath will curtail a further rise in U.S. interest rates had weighed on the dollar recently. The yen could gain amid expectations that the ruling Liberal Democrats will score a solid victory in Sunday's elections in Japan, as indicated by recent newspaper polls, traders said.