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Euro-dollar parity at its lowest for five years

2022-04-27T08:34:39.772Z


Fears over the war in Ukraine and the pandemic in China are causing the European currency to plunge below 1.06 dollars.


The euro fell Wednesday to its lowest level in five years against the American dollar, a safe haven galvanized by fears over the war in Ukraine and the resumption of the pandemic in China.

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Around 10:10 a.m. in Paris, the euro lost 0.24% to $1.0612, moments after sinking to $1.0588, its lowest since 2017.

Source: lefigaro

All news articles on 2022-04-27

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