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January 12, 2007
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Friday
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Zilhaj 21, 1427
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Euro falls
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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