Euro drops to 9 1/2-month low in London

Posted by 7Star Wednesday, March 3, 2010

The euro dropped to a 9 1/2-month low against the dollar on Tuesday as fresh unrest over anticipated Greek austerity measures heaped further selling pressure on the single European currency. Greece's biggest public sector union called on Tuesday for a 24-hour strike on Mar. 16 to protest against expected plans by Athens to cut its ballooning debts. Taxi drivers marched on Tuesday in protest at a tax clampdown.

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