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Euro falls after ECB's Makuch comments on rate cut debate
December 7, 2012 / 12:55 PM / in 5 years

Euro falls after ECB's Makuch comments on rate cut debate

LONDON, Dec 7 (Reuters) - The euro extended falls on Friday after European Central Bank policymaker Jozef Makuch said the bank may cut interest rates next year if the euro zone economy does not improve.

The euro fell 0.5 percent on the day to hit a low of $1.2897, its lowest since Nov. 28. More falls would see it target the low on that day of $1.2880.

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