U.S. dollar rebounds after prior session's pullback

NEW YORK, May 20 (Xinhua) -- The U.S. dollar rose in late trading on Friday as market participants sought shelter in safe-haven assets amid fears of the impact of surging inflation.

The dollar index, which measures the greenback against six major peers, increased 0.41 percent to 103.1490, following a 1.05-percent drop in the previous session.

In late New York trading on Friday, the euro was down to 1.0550