TOKYO, Feb 6 (AFP): The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency funding.
The common European currency bought $1.1465 in Tokyo trade against $1.1475 in New York Thursday afternoon, while edging down to 134.59 yen from 134.89 yen.
"The euro has reversed Thursday's Asian slump that saw a low of 1.1305... as the USD eases moderately across the board," National Australia Bank said in a note.
The dollar slipped to 117.35 yen against 117.55 yen in US trade Thursday.
Calm has returned to markets after the euro plunged on Wednesday with the European Central Bank announcing it would no longer allow Greek banks to use government debt as collateral for loans.
Euro holds up on relief over Greek bank funding
FE Team | Published: February 07, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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