HomeEconomyThe dollar at its highest level against the euro in almost 20...

The dollar at its highest level against the euro in almost 20 years

The dollar rose on Wednesday to its highest level against the euro in almost 20 years after the announcement of a 0.75 percentage point increase in the key rate of the US central bank (Fed).

The dollar soars against the euro. While the US Central Bank (Fed) has just announced a major new hike in its key rates, the US currency rose steadily by 1.35% against the euro to hit its highest level in 20 years.

The greenback thus reached 0.9814 dollars per euro for the first time since the end of October 2002, that is, only a few months after the official transition to the single currency.

>> More information to come on BFM Business in a few moments. Also watch BFM Business live on video and follow us On twitter.

Author: Frederic Bianchi
Source: BFM TV

Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here