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Euro falls dollar 16 month low 2012 01 05

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Euro falls to 16-month low against dollar as bank shares slump
Beleaguered currency drops against dollar over European bank concerns
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Euro falls dollar 16 month low 2012 01 05

Eurozone governments need to sell more than €250 billion of debt in the first quarter of 2012.

PHILIPPE HUGUEN
AFP/Getty Images