Euro strikes dollar parity for first time since 2002

Euro strikes dollar parity for first time since 2002
(Shutterstock)
Short Url
Updated 12 July 2022
Follow

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.