Euro weakens to 11-year record low against Japanese Yen

Note: This section contains information in English only.
Source: Bloomberg
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Euro depreciated against Japanese Yen hitting 11-year record low before recovering on investor fear European debt turmoil will decelerate economic growth and undermine financial markets in 2012. 17-nation currency fell against its Japanese counterpart after data showed European industrial production deteriorated for a fifth consecutive month in December. Euro plunged ВҐ98.66 in morning session and lost 0.1% against greenback reaching $1.2947. Currently EUR/JPY is trading at ВҐ99.57.

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