Euro falls against USD after raising fears of economic weakness

Dhaka, Bangladesh (BBN)- The Euro (EUR) hit a more than five-week low near 1.2660 against the USD after European Central Bank Governing Council member Axel Weber said the ECB should extend its loose monetary stance, raising fears of more economic weakness ahead in the euro zone, according to reports.

BBN/SSR/AD-22Aug10-10:02 am (BST)  

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