Euro rises to 14-month high after China report

Mon Oct 26, 2009 2:32am GMT
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TOKYO, Oct 26 (Reuters) - The euro rose to its highest in 14 months against the dollar on Monday after a report saying China should raise holdings of the euro and the yen in its foreign reserves prompted investors to sell the dollar for the single currency. [ID:nPEK285229]

The euro rose as high as $1.5064 on trading platform EBS, the highest since August 2008, before trading at $1.5053, up 0.3 percent on the day. (Reporting by Satomi Noguchi)

 
 
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