Crossword Genius

Herb around old French bread now (4)

Ross

I believe the answer is:

euro

'french bread now' is the definition.
(French currency - bread can mean money)

'herb around old' is the wordplay.
'herb' becomes 'rue' (rue is a kind of herb).
'around' shows that the letters should be reversed in order.
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'rue' written backwards gives 'eur'.
'eur'+'o'='EURO'

(Other definitions for euro that I've seen before include "EU money" , "International monetary unit" , "wallaroo" , "change in Dublin" , "International currency unit" .)

I've seen this clue in The Times.
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