martes, 7 de diciembre de 2010

Euro up against dollar after eurozone meeting

The 16-nation euro is up slightly against the dollar after eurozone ministers said the bailout fund is large enough, but did not rule out boosting it to fight the debt crisis.
The euro bought $1.3361 in morning European trading Tuesday, up from $1.3322 late in New York on Monday. The British pound is up to $1.5764 from $1.5721, while the dollar rose to 82.69 Japanese yen from 82.60 yen.
The euro sank about 10 percent in November after the EU was forced to bail out Ireland. Investors are worried that Portugal or even Spain may be next, and that emergency aid funds may not be enough.
At a meeting, eurozone officials didn't rule out refueling the bailout fund with more money but said that was not necessary at the moment
Source: http://www.cnnmoney.com/

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