Euro falls

Published February 19, 2009

LONDON, Feb 18: The euro fell against the dollar on Wednesday as concern mounted on the ill health of European banks and a fall in the value of currencies in Central and Eastern Europe, dealers said.

The euro was changing hands in London at $1.2531 compared to $1.2585 late on Tuesday. But the European single currency gained against the Japanese yen, rising to 117.49 yen from 116.31 yen on Tuesday. The dollar also rose to 93.8 yen from 92.39 yen.—AFP

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....