>> ASIAONE / NEWS / LATEST NEWS / BUSINESS / STORY
Euro drops below 1.27 dollars
Fri, Oct 24, 2008
AFP

>LONDON - The euro tumbled underneath 1.27 dollars on Friday, hitting the lowest level in two years on expectations of eurozone interest rate cuts and slowing economic growth, dealers said.

In early morning London trade, the European single currency dived as low as 1.2667 dollars, which was last seen in October 2006.

 

 

 
STORY INDEX
 
  Euro drops below 1.27 dollars
   
 
  Japan economy 'not in bad condition': Aso
   
 
  Emerging FX-Asia beaten down by economic worries
   
 
  Oil sheds gains, below $67 on recession fears
   
 
  Japan PM says worried market turmoil will hurt exports
   
 
  European credit spreads hit record wides
   
 
  Singapore Sept factory output rose 7 percent
   
 
  Private home prices fall
   
 
  Singapore shares down 4.82 percent at midday
   
 
  The ins and outs of mis-selling
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg