The euro is the official currency of 16 of the 27 member states of the European Union (EU). The states, known collectively as the Eurozone, are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also used in a further five European countries, with and without formal agreements and is consequently used daily by some 327 million Europeans.[2]

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Friday, April 3, 2009

US dollar mostly lower in European trading, 1st Ld-Writethru, EU

LONDON (AP) — LONDON (AP) — The U.S. dollar was mostly lower against other major currencies in late European trading Friday. Gold rose.

The euro traded at US$1.3416, down from US$1.3446 late Thursday in New York.

Other dollar rates:

—99.61 Japanese yen, down from 99.64

—1.1344 Swiss francs, down from 1.1368

—1.2394 Canadian dollars, down from 1.2406

The British pound was quoted at US$1.4793, up from $1.4712.

Gold traded in London at US$905.00 per troy ounce, up from US$897.75 late Thursday.

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