TOKYO (MarketWatch) -- The dollar fell to a fresh 14-month low against the euro Monday after a Chinese central bank researcher called for moving some of the country's massive foreign reserves into euro and yen holdings. But the greenback took back some lost ground after the researcher -- Zhou Hai, a division chief with the financial research department of the Harbin branch of the People's Bank of China -- told Reuters that his remarks published in China's Financial News were only his "personal view." Earlier this month, the Chinese central bank said the country's foreign reserves -- the largest in the world -- climbed to $2.273 trillion at the end of September, up from $2.132 trillion at the end of June. China doesn't reveal the composition of its reserves, but most analysts believe dollars comprise about two-thirds of the total. On Monday, the dollar was buying 91.69 yen, down from 92.10 yen in North American trading late Friday, and the euro bought $1.5034, up from $1.5004. Earlier Monday, the European currency hit a high of $1.5062, according to FactSet Research. But the British pound continued to slip against the U.S. unit, trading at $1.6279, down from $1.6309 late Friday. The pound plunged against the dollar Friday, pulling back after an unexpected drop in gross domestic product in the United Kingdom raised concerns about the possibility of further quantitative-easing measures.

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