BERLIN - The euro has started the week a little lower against the dollar as concerns persist about Europe's government debt crisis.
The 16-nation currency was down to $1.3156 in Monday morning European trading from $1.3178 in New York late Friday.
European Union leaders agreed late last week on a permanent mechanism to tackle debt troubles after the current bailout fund of €750 billion expires in 2013, but many analysts say they haven't done enough to calm debt markets now.
In other trading Monday, the dollar was barely changed against the Japanese currency despite tension on the Korean peninsula — trading at 83.88 yen from 83.90 yen.
