Last updated: March 16. 2013 10:07PM - 102 Views

Story Tools:

Font Size:

Social Media:

(AP) Political turmoil in Italy and Spain is pushing the euro lower against the dollar.

A corruption scandal in Spain has some leaders calling for Prime Minister Mariano Rajoy to resign. Italy will hold elections later this month. Traders are worried that a change in leadership in either country could derail efforts to end Europe's financial crisis.

The euro fell to $1.3527 in afternoon trading from $1.3584 late Tuesday. The British pound fell to $1.5659 from $1.5663.

The dollar rose to 93.49 Japanese yen from 93.36 Japanese yen and to 0.9093 Swiss franc from 0.9083 Swiss franc.

Associated Press
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus

Featured Businesses


Info Minute

Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com