Euro falls below dollar parity for first time since 2002 - The Indian Express


7/13/2022 12:00:00 AM2 years 9 months ago
by Reuters

Heightened global uncertainty and an aggressive Fed monetary policy stance meanwhile have benefited the safe-haven dollar.

The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro … [+1953 chars]

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