The euro sank to a near two-year low against the dollar on Tuesday amid worries about the solvency of Spanish banks, and as the governor of the country’s central bank quit. The single currency fell below $1.25 after rating agency Egan-Jones cut the country’s credit rating. Against the pound it was worth 79.95p.
read more… http://www.guardian.co.uk/business/2012/may/29/eurozone-crisis-spain-euro-low-dollar
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