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The euro is worth less than a dollar, a first since the end of 2002

2022-07-13T13:08:59.760Z


The euro traded for $0.9998 on Wednesday, a first since the year it was put into circulation. The euro, weighed down by the gloomy outlook for the European economy, with the possibility of a stoppage of Russian gas supplies, plunged on Wednesday below the symbolic threshold of one dollar, which had not been crossed since December 2002 . Read alsoUSA: inflation accelerates further in June, to the highest since November 1981, according to the CPI index As inflation accelerates in the Unite


The euro, weighed down by the gloomy outlook for the European economy, with the possibility of a stoppage of Russian gas supplies, plunged on Wednesday below the symbolic threshold of one dollar, which had not been crossed since December 2002 .

Read alsoUSA: inflation accelerates further in June, to the highest since November 1981, according to the CPI index

As inflation accelerates in the United States and opens the door to an even tighter monetary policy across the Atlantic, the euro traded for 0.9998 dollars around 12:45 GMT, a first since the year of its launch. in circulation.

Source: lefigaro

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