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Euro extends losses vs yen, falls 2 pct; kiwi down

Published: 01 Nov 2009 17:02:05 PST

NEW YORK, Oct 30 - The euro extended declines against the yen in afternoon trading on Friday as steep losses in the U.S. stock market boosted safe-haven demand for the Japanese currency.

The euro fell as low as 132.47 yen, down 2.3 percent on the day.

A deterioration in risk appetite also weighed heavily on higher-yielding commodity currencies. The New Zealand dollar fell 2.2 percent to US$0.7166.


Source: Reuters

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