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The euro plunges 1% against the dollar in a market weakened by banks

2023-03-24T11:47:13.457Z


Fears around banks are resurfacing, while European stock markets plunged 2% this Friday morning. The euro plunged Friday against the dollar and the yen, two safe havens that took advantage of investors' risk aversion at the end of the week in a market weakened by new turbulence in the banking sector. Around 11:10 a.m. GMT (12:10 p.m. in Paris), the euro lost 1.01% to 1.0722 dollars and 1.69% to 139.35 yen, while on the European stock markets, the share price of the major banks plummeted . M


The euro plunged Friday against the dollar and the yen, two safe havens that took advantage of investors' risk aversion at the end of the week in a market weakened by new turbulence in the banking sector.

Around 11:10 a.m. GMT (12:10 p.m. in Paris), the euro lost 1.01% to 1.0722 dollars and 1.69% to 139.35 yen, while on the European stock markets, the share price of the major banks plummeted .

More information to come...

Source: lefigaro

All news articles on 2023-03-24

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