Euro Drops to 21-Month Low Before EU Summit as Yen Rises on BOJ

Euro Drops to 21-Month Low Before EU Summit as Yen Rises on BOJ

Simon Dawson/Bloomberg

Europe’s 17-nation currency dropped to a more than three-month low against the yen after Greece’s former Prime Minister Lucas Papademos told the Wall Street Journal there is a risk, however unlikely, that the nation will leave the euro.