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Yen Hits One-Year High Against Euro as French Debt Concerns Weigh

The euro fell to 175.20 yen, its lowest level since October last year, in early Asian trade Friday. The yen strengthened as investors sought its relative safety amid concerns over French debt.

The yen rose to a one-year high against the euro as investors turned to the Japanese currency’s relative safety amid concerns about French debt. In early Asian trading Friday, the euro dropped to 175.20 yen, its lowest level since October last year, and was recently t…