Euro falls against dollar after G-20 fails to add money to IMF

 

 

 

NEW YORK — The euro fell against the dollar Monday after finance ministers from the world’s 20 leading economies said that they would not add money to the International Monetary Fund until the European Union puts up more money to stave off its debt crisis.

The euro fell to $1.3398 in afternoon trading Monday from $1.3459 late Friday. The euro rose to an 11-week high of $1.3486 on Friday.