Sign up to The Irish Times Archive (1859 - 2008)My Account »
Wed 03 Mar 2010Euro falls on concerns over Greece
HAVING RISEN for two straight days after last week’s joint European Union-International Monetary Fund agreement on aid for Greece, the euro ran out of steam yesterday, falling sharply against the dollar as investors took profits and amid unease about the euro zone’s fiscal health.
The currency briefly hit a two-month high against the yen and pushed above $1.35 overnight but retreated on profit-taking and as worries resurfaced about Greece.
Choose a Subscription type - required
