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 Dollar may drop - 2006/08/16 08:17 Dollar may drop for a second day after economists cut forecasts for consumer prices in july The dollar bought $1.2787 per euro at 8:12 a.m. in London from $1.2785 late in New York yesterday. It was at 116.10 yen from 116.09. BNP forecasts the dollar to decline to $1.29 per euro and 112 yen by the end of September, Thio said, senior currency strategist at BNP Paribas SA in Singapore.
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