TOKYO: The euro edged higher Friday but remained under pressure after sinking to its lowest level in more than a decade after the European Central Bank launch a vast bond-buying program aimed at kickstarting the eurozone economy.

The single currency—which hit an 11-year low of $1.1316 after the announcement Thursday—bought $1.1366 in Tokyo early trade, a tad up from $1.1359 late in New York.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details