BUSINESS Euro hits 20-year low


Euro hits 20-year low


07:29, August 23, 2022

The euro pushed further below parity with the dollar on Monday, hitting its lowest level since 2002, the year it came into physical circulation, as recession fears mounted.

The euro was down 0.84 percent to $0.9951 at 1525 GMT.

Photo taken on Dec. 30, 2021 shows the Euro sculpture in Frankfurt, Germany. Euro banknotes and coins were physically introduced into eurozone countries in circulation on Jan. 1, 2002. (File photo: Xinhua)

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