The dollar rose against most major currencies on Thursday.

Trichet expressed concerns about the plan and criticized the European Union for not doing enough. “If the IMF or some other body exercises the responsibility in lieu of the Eurogroup or instead of governments, it is evidently very, very bad,” he said.

Investors have been expecting a two-day European summit that began on Thursday could yield concrete aid plan for Greece. But the expectation faded as European leaders split on the issue.

The euro bought 1.3291 dollars in late New York trading compared with 1.3338 dollars it bought late Wednesday. The pound fell to 1.4822 dollars from 1.4893 dollars.

The dollar fell to 1.0228 Canadian dollars from 1.0249 Canadian dollars, and rose to 1.0735 Swiss francs from 1.0722 Swiss francs. It rose to 92.76 Japanese yen from 92.10 Japanese yen.

VietNamNet/Xinhuanet