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7/15/08

AFP: Euro hits record high 1.6038 dollars

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Euro hits record high 1.6038 dollars

The European single currency leapt to a record high above 1.60 dollars here on Tuesday as investor fears grew over the state of the US economy and its financial services sector, dealers said. In late morning London deals, the euro jumped to 1.6038 dollars, which beat the previous all-time peak of 1.6019 that was set on April 22.

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