BLBG:Euro Falls to Seven-Week Low Against Dollar on Europe Debt Crisis Concern
The euro slid to the lowest since Oct. 6 against the dollar on concern the economies that share the currency will deteriorate as Europe’s leaders struggle to halt the region’s debt crisis.
The 17-nation euro declined to as low as $1.3315, before trading at $1.3317 as of 9:45 a.m. in Tokyo, from $1.3347 yesterday in New York. The currency was at 102.89 yen from 102.92 yen.
To contact the reporter on this story: Garfield Reynolds in Sydney at greynolds1@bloomberg.net
To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net