NEW YORK: The euro turned positive against the dollar, hitting session highs on Tuesday, after a Greek official said the government is drafting a bailout agreement that will be placed before political leaders for approval later in the day.

The euro jumped to $1.31730 on trading platform EBS after the news from about $1.31110 just before. It was last at $1.31647, up 0.3 percent on the day.

Copyright Reuters, 2012

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