Dec 13 (Reuters) - The euro extended gains against the dollar on Monday, hitting a session high just shy of $1.33, as traders cited a more tolerant attitude toward risk after China refrained from raising interest rates.
The euro rose to a session high of $1.3298 EUR=, according to Reuters data, and was last at $1.3284, up about 0.4 percent.
China's decision not to hike interest rates yet as part of an inflation-fighting program helped risk appetite overall, lifting oil prices and stock futures. Some traders also said hopes the European Union would work toward a permanent fund for supporting troubled countries when it meets this week was helping the euro recover.
