BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

Another Day, Another Record Low For Dollar

The dollar struck a record low against the euro and suffered fresh losses against the yen Monday on concerns about the US economy, which also sparked another rout on global stock markets.

In Asian trade, the euro jumped to a record 1.4347 dollars, which was the highest level since the single currency's creation in 1999. It later stood at 1.4307 dollars in European trade.

Elsewhere, the yen reached a three-week high against the euro and six-week pinnacle versus the dollar.

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