Euro falls as ECB’s Stark says German banks need capital | Alrroya

Euro falls as ECB’s Stark says German banks need capital

Thursday, 9 September 2010  at  09:51, Bloomberg
The euro weakened against the dollar and the yen after FT Deutschland reported European Central Bank chief economist Juergen Stark as saying that German banks need more capital.

The euro declined to $1.2694 as of 1:43pm in Tokyo from $1.2720 yesterday in New York. The 16-nation currency dropped to 106.33 yen from 106.69 yen.








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