Euro falls to 2-½ month low on regional banks worries

Categories: Home
Written By: admin

TOKYO, Feb 18 (Reuters) – The euro fell to its lowest in more than two months against the dollar on Wednesday, after warnings from rating agencies fuelled fear that a deep recession in Eastern Europe would cause more damage to euro zone banks.

The euro fell as low as $1.2558, its lowest since early December, before recovering a tad to $1.2572 <EUR=>, down 0.1 percent on the day. (Reporting by Satomi Noguchi)

Source: Retures

Leave a Reply

Featured & Popular Articles