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Tuesday, January 11, 2011

Euro jumps after Japan finmin says to buy euro bonds

TOKYO | Mon Jan 10, 2011 9:08pm EST
 
TOKYO (Reuters) - The euro jumped higher after Japan's finance minister, Yoshihiko Noda, said the nation will buy about 20 percent of bonds the euro zone plans to jointly issue later this month.
The euro rose as far as $1.2992 on trading platform EBS from around $1.2925. It now stands at $1.2961.
Against the yen, the euro rose as high as 107.86 yen.

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