Euro falls below the dollar for the first time since 2002

Euro falls below the dollar for the first time since 2002
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Wednesday 13 July 2022 - 22:29

After reaching parity on Tuesday, the euro fell below the dollar on Wednesday, for the first time in 20 years. The European currency is weighed down by the gloomy outlook for the EU economy.

The fall happened in a context marked by a halt in.Russian gas supplies that led the common European currency to fall below the symbolic threshold of one dollar, which had not happened since December 2002.

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