BLBG:Euro Climbs Against Dollar; Draghi Says Currency Is Irreversible
The euro rose agianst the dollar as European Central Bank President Mario Draghi said the ECB is ready to do whatever it takes to preserve the currency.
Europe’s common currency gained 0.2 percent to $1.2177 at 11:25 a.m. London time, after weakening as much as 0.3 percent.
To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net
To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net