The dollar mostly rose Monday after the Russian finance minister voiced his support for the currency, even as the U.S. government said foreigners' dollar-denominated holdings fell in April. Sliding stock markets also fueled dollar buyers.
The 16-nation euro dropped to 1.3841 from 1.4010 late Friday, while the British pound slipped to $1.6342 from $1.6450.
However, the dollar slipped to 97.98 Japanese yen from 98.24 yen.
Russian Finance Minister Kudrin said over the weekend it was too early to think of a reserve- currency alternative to the dollar, said UBS analysts, and he said the greenback was in good shape before the start of a meeting of …
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