Euro Stays Weaker as Draghi Says Some Growth Risks Materialized
The euro stayed weaker against the dollar as European Central Bank President Mario Draghi said some risks to growth have “materialized.”
The 17-nation currency slid 1 percent to $1.2398 at 1:33 p.m. London time, falling to less than $1.24 for the first time since June 4. The euro dropped 0.8 percent to 99.24 yen.
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