Monday March 30, 2020

Euro falls towards 4 month low versus the dollar

The euro weakened toward the lowest in almost four months against the dollar after the Cypriot parliament voted down a bank-deposit levy, risking renewed tumult in the currency bloc.

20th March, 2013
The euro fell 0.1 per cent to $1.2873.

The euro weakened toward the lowest in almost four months against the dollar after the Cypriot parliament voted down a bank-deposit levy needed to secure a bailout, risking renewed tumult in the currency bloc.

The 17-nation currency fell for a fourth day versus the yen as an official familiar with the matter said European policy makers in Cyprus discussed further capital controls and extending a bank holiday through to the end of the week. The...

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