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CURRENCIES

US$ sags on weak data, drop in oil prices

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The dollar tumbled to a near five-month low against the yen and a 2 ½-week trough versus the euro on Friday, hammered by a combination of poor risk appetite arising from a renewed drop in oil prices and weak US economic data.

New York

THE dollar tumbled to a near five-month low against the yen and a 2 ½-week trough versus the euro on Friday, hammered by a combination of poor risk appetite arising from a renewed drop in oil prices and weak US economic data.

The downbeat economic numbers along with the

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