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Euro jumps to 5-week high vs dollar on Greek deal


February 19. 2013 7:51PM
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(AP) The euro hit a five-week high against the dollar after German lawmakers approved Greece's debt deal, paving the way for Greece to get its next bailout payment and avoid bankruptcy.


The euro jumped to $1.3002 in afternoon trading from $1.2972 late Thursday. The euro rose as high as $1.3027 earlier, its highest point against the dollar since Oct. 23.


The dollar rose to 82.50 Japanese yen from 82.15 yen after Japan approved a $10.7 billion stimulus package.


The dollar was mixed against other currencies.


The British pound fell to $1.6028 from $1.6038.


The dollar fell to 0.9265 Swiss franc from 0.9280 Swiss franc. It rose to 99.30 Canadian cents from 99.23 Canadian cents.


Associated Press


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