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Business

Euro hits new 18-month low against dollar

Text by News Wires

Latest update : 2010-05-14

The euro struck a new 18-month low Friday, falling under 1.25 dollars amid sustained fears over the eurozone financial crisis.

AFP - The euro slumped to 1.2447 dollars on Friday, striking the lowest point for 18 months, as the single currency was slammed by concerns about the eurozone financial crisis, dealers said.
   
At about 0940 GMT, the shared European unit dived to the lowest level since late November 2008.

 

Date created : 2010-05-14

  • MARKETS

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  • Q&A

    The Greek crisis explained

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