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The euro falls below parity against the dollar for the first time in 20 years

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The euro falls below parity against the dollar for the first time in 20 years

Original title: The euro fell below parity against the dollar for the first time in 20 years

Xinhua News Agency

On July 12, Beijing time, the euro fell below parity against the dollar at 0.9999, the first time in nearly 20 years. As of 21:30 on the same day, the euro against the US dollar reported 1.0040. Correspondingly, the US dollar index officially broke through the 108 mark, hitting a new high since October 2002. The dollar has gained as much as 18% against a basket of currencies over the past year, and technical indicators suggest that its gains may still continue. The picture shows the euro and dollar banknotes taken in Madrid, Spain on the 11th. (For details, please refer to A03) Return to Sohu, see more

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posted on:Shanghai

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