Financial Times FT.com

Traders turn to dollar for shelter

By Peter Garnham

Published: April 10 2009 18:47 | Last updated: April 10 2009 18:47

The dollar advanced this week as rising risk aversion boosted haven demand for the US currency.

The dollar suffered the previous week following the G20 meeting of global leaders in London as an agreed boost in funds available to the International Monetary Fund to fight the financial crisis lifted equities and investor risk appetite.

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