Euro in tight range in Asia

TOKYO: The euro remained in a tight range in Asian trade Friday after eurozone finance ministers put off a decision on a new bailout to save Greece from bankruptcy.

The single unit stood at $1.3286, flat from late Thursday in New York, and eased to 103.08 yen from 103.20 yen.

The dollar bought 77.59 yen, edging down from 77.68 yen.

European finance ministers gave Athens less than a week to pass new austerity measures and cuts if they are to grant the debt-stricken country a fresh 130 billion euro ($173 billion) payout.

"No final agreement has been made over the Greek bailout issue," said Tsunemasa Tsukada, chief manager of forex trading for Mitsubishi UFJ Trust and Banking Corp. (AFP)