The euro rose as the International Monetary Fund was said to propose boosting its lending resources by $500 billion to safeguard the economy. Stocks fell in Europe and the U.S. after the World Bank cut its global growth forecast.
The euro added 0.7 percent to $1.282 at 9:30 a.m. New York time.
For more: Euro Advances on IMF Optimism as Stocks Retreat in Europe, U.S.
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