LONDON, Nov 27 (Reuters) - The dollar index, a measure of its value against six major currencies, rose 1 percent on Friday as concerns over Dubai's debt problems prompted traders to slash risk exposure and unwind dollar-funded carry trades.
In early European trade the dollar index was up 1 percent at 75.575 .DXY.
The euro shed more than 1 percent to trade as low as $1.4830 EUR=, more then three cents down from the 15-month high of $1.5144 reached on Wednesday, just before Dubai's debt problems surfaced.
