NY: Growth, rate worries drive euro to 18-month low
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The euro fell to an 18-month low against the US dollar on Friday, dropping below $1.25 amid worries over the cost and economic impact of an emergency financing deal for indebted European countries.
The euro, which is used by 16 countries, slid as low as $1.2429 in morning trading in New York, its weakest point since November 2008. (AP)
