Euro strikes dollar parity for first time since 2002

Euro strikes dollar parity for first time since 2002
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Updated 12 July 2022 13:15
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Euro strikes dollar parity for first time since 2002

Euro strikes dollar parity for first time since 2002

London: The euro struck parity with the dollar on Tuesday for the first time in nearly 20 years as a cut in Russian gas supplies to Europe heightened rears of a recession in the eurozone, AFP reported.

The European single currency hit exactly one dollar before rising slightly.