23 Apr 2009
April 23 (Bloomberg) -- The euro rose against the dollar and erased losses against the yen after Credit Suisse Group AG said it returned to profit in the first quarter, encouraging investors to buy higher-yielding assets.The euro climbed to $1.3022 as of 1:51 p.m. in Tokyo from $1.3005 yesterday in New York. It traded at 127.54 yen from 127.48, after earlier weakening to 126.80. Japan's currency was little changed at 97.98 per dollar from 98.01.
