Euro nosedives to 20-year low ...News

The currency has sunk below parity with the US dollar amid growing energy supply concerns The EU’s common currency, the euro, plunged below $0.99 for the first time in 20 years on Monday, after Russia said it would shut off its main gas supply pipeline to Germany indefinitely. As the European markets opened, the euro dropped as much as 0.7% to $0.9880 versus the US dollar, the weakest since 2002. It was trading at around $0.9922 against the greenback as of 09:45 GMT. “Euro has more downside given the full impact from the indefinite cut in Russia gas supply to Europe is yet to come,” Rodrigo Catril, currency strate

Read More Details
Finally We wish PressBee provided you with enough information of ( Euro nosedives to 20-year low )

Also on site :

• Numbrix 9 - June 30
• 21-year-old Baloch student becomes another victim of extrajudicial killing by Pakistani forces
• Gold miners killed in pit collapse in war-torn Sudan