dollar and the yen against the euro on Monday on growing signs of increasing trade protectionism in the world, particularly in the Sino-US relations, reported Bloomberg.

Dollar goes up to 15 of the 16 most actively traded currencies in the world, after China announced an antidumping investigation against imports of U.S. products for the automotive industry, as well as meat.

Local observers note that this step China has taken in response to increases in U.S. tariffs on automobile tires from China, which last Friday approved a U.S. president Barack Obama.

Euro at 8:50 on Monday, was worth $ 1.4540, compared with $ 1.4571 at the end of the previous trading day.

cost the Japanese currency on a European at that time amounted to 131.58 yen against 132.17 on the closing market in New York on Friday.

yen to the dollar rose to 8:50 on Monday to 90.50 yen from 90.71 on Friday. Earlier Japanese National currency has risen in price to the maximum level from 12 February - 90.21 yen to the dollar.

Thedollar should rise to trade tensions that have emerged over the weekend between the U.S. and China - says currency analyst at Royal Bank of Scotland Group Plc in Sydney, Greg Gibbs. - are emerging concerns that because of this news the stock market falls in the United States or the stock market in general, and appetite for risk diminishes.

increased protectionism in the world could hurt world trade and delay the recovery of the world economy after the recession, said the European Central Bank.

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