Breaking News

Tweet TWEET

Euro Gains Against Yen, Dollar as Ministers Reach Deal for Greek Package

The euro climbed to a three-month high against the yen and reversed losses against the U.S. dollar as euro-area finance ministers were said to have reached agreement on a second bailout package for Greece.

The 17-nation currency rose as much as 0.5 percent to 105.95 yen, the strongest since Nov. 14. The euro climbed 0.4 percent to $1.3291, the most since Feb. 9, after earlier losing as much as 0.4 percent.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.