Euro rises 1 percent on day versus yen

LONDON Fri Jan 25, 2013 4:21am EST

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LONDON Jan 25 (Reuters) - The euro rose 1 percent on the day against the yen on Friday, helped by better-than-expected German Ifo data and investors positioning for banks to repay the first part of ultra-cheap loans from the European Central Bank.

The euro rose to 122.19 yen on trading platform EBS, its highest level since mid-April 2011.

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