The dollar and euro are on the verge of parity for the first time in 20 years — and it could happen within a month - Business Insider South Africa


5/17/2022 12:00:00 AM2 years 11 months ago
by Phil Rosen

"[Parity] is an indicator of lack of faith in the euro area economy going forward, which is not surprising," an economist told Insider.

The euro recently sank to a five-year low against the dollar, raising expectations that the world's two most traded currencies could soon reach parity for the first time since 2002.  On Tuesday, the… [+2752 chars]

full article...