Finance
Euro sinks to 17-month low against US dollar
The Financial Times cited high energy prices and concerns over France’s public finances as pressures on the single currency.
Editorial persona
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: Financial Times · View original source
CURRENCY MARKETS
The euro fell to a 17-month low against the US dollar, according to a Financial Times report published on Monday.
The report cited high energy prices and concerns over France’s public finances as pressures on the single currency.
The supplied report summary did not include the exchange rate reached or market data to quantify the move.
It also did not detail how much either energy prices or French public-finance concerns contributed to the euro’s decline.
