Euro is unsteady after falling to historic low point

Published September 20th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

The euro struggled to regain lost ground on Tuesday morning after hitting a historic low point of 0.8465 dollars and 90.42 yen in Asia earlier in the day. 

 

One euro was buying $0.8497 in morning trading, and 90.63 yen. 

Analysts said that the euro was likely to remain under pressure given that the market did not expect a concerted intervention effort to emerge from the Group of Seven (G7) meeting of finance ministers at the weekend in Prague.— (AFP) 

 

© Agence France Presse 2000 

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