Euro Gains Against Yen, Dollar as Ministers Reach Deal for Greek Package
By Masaki Kondo -
2012-02-21T03:14:34Z
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
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