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Thursday, November 22, 2012

Euro rises to highest level in 3 weeks against the dollar



The euro extended gains to its highest level in three weeks against the dollar on Thursday, amid expectations of reaching an agreement to finance Greece and after data on the index of purchasing managers in the euro zone was not as bad as had been expected.

The euro rose to $ 1.28840 on electronic trading platform. Pei. Feed to its highest level in three weeks, up 0.4% from the previous session.