| |
Euro seen unlikely to gain from finance ministers' meeting - Sep. 8, 2000 |
 | | LONDON (CNNfn) - Euro-zone finance ministers are due to meet later Friday in Versailles, France to discuss the weak euro, which dropped to a new low against the dollar this week, but analysts said they didn't expect any news that could give the beleaguered currency a boost. |
 | | The euro was trading at 87.27 U.S. cents ahead of the afternoon meeting, up from the record low of 86.33 cents it touched early Thursday. |
 | | Finance ministers from the 11-country currency bloc have repeatedly said the euro is undervalued, the region's economy is robust, and markets will eventually start buying the currency in recognition of these factors. |
| money.cnn.com /2000/09/08/europe/euro (450 words) |