Euro falls

Published January 12, 2007

LONDON, Jan 11: The euro fell sharply against the dollar here on Thursday on remarks from the head of the European Central Bank suggesting that a hike in eurozone interest rates would not come before March. The single European currency in late-day trade was at $1.2906 after $1.2935 late Wednesday in New York. The euro at one point fell to $1.2887, its lowest level since November 22, 2006.—AFP

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