Euro Extends Slide Against Dollar, Yen as Leaders Divided on Bailout Fund
By Candice Zachariahs -
2011-03-27T21:40:17Z
The euro fell against the dollar and the yen after European Union leaders failed to solidify a permanent bailout mechanism during a summit at the end of last week.
The currency slid to $1.4046 as of 6:38 a.m. in Tokyo from $1.4088 on March 25 in New York. The euro declined to 114.30 yen from 114.59.
To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net
To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net
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