Dollar stronger than euro for first time in 20 years ...News

Russia Today - Economy
Dollar stronger than euro for first time in 20 years
source : Russia Today ( News ) () 31
The US currency traded above the euro on the Russian exchange The euro fell below the US dollar on the Moscow Exchange on Tuesday amid fears that the energy crisis will tip the European Union into recession. The dollar-ruble rate stood at 58.70 while the euro decreased to 58.52 against the ruble, as of 10:56 GMT. On international exchanges, the euro edged closer to parity with the dollar. In choppy forex trading, the European currency slid to just 1.0001 to the dollar, its lowest level in 20 years. The euro has fallen 12% against the greenback so far this year, as the surge in energy prices in light of the confli

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