Bloomberg News

Euro Weakens as ECB’s Wellink Says Aid Fund May Need to Double

June 16, 2011

June 16 (Bloomberg) -- The euro fell for a second day against the dollar after European Central Bank Governing Council member Nout Wellink was quoted by the Dagblad newspaper as saying a planned European aid fund may need to be doubled.

The single currency slid 0.4 percent to $1.4122 as of 1:54 p.m. in Tokyo from yesterday in New York.

To contact the editor responsible for this story: Nicholas Reynolds at nreynolds2@bloomberg.net


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