Euro cuts losses vs dollar as markets eye Cyprus
NEW YORK, March 21 |
NEW YORK, March 21 (Reuters) - The euro trimmed its losses against the dollar in early afternoon trade as investors closely watched development in the Cyprus crisis.
The euro was last at $1.2912, down 0.2 percent on the day, compared with $1.2895 earlier.
The move coincided with headlines that Cypriot central bank government announced "resolution process" for the country's banking system.
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