Character encoding and MySQL

Recently I moved my blog to a different server and to a new version of MySQL. While migrating, I dumped the whole database and restored it in the new server. After setting up the blog in the new server, I am getting some problems with character encoding in the new blog. Eg I am getting the following (Nov – 3rd – 2007) instead of (Nov – 3rd – 2007)

I am not sure whether it is a problem with the character encoding in WordPress or with MySQL. Can any one let me know the reason for this. Thanks!