Bloomberg News

Euro Declines Versus Dollar, Yen After S&P Cuts Spain’s Rating

October 13, 2011

Oct. 14 (Bloomberg) -- The euro declined after Standard & Poor’s cut Spain’s credit rating to AA- from AA.

The 17-nation currency fell 0.3 percent to $1.3743 at 7:46 a.m. in Tokyo. It dropped 0.3 percent to 105.62 yen.

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net


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