euro slumps to 2003 dollar low on fed rate outlook
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Euro slumps to 2003 dollar low on Fed rate outlook

Egypt Today, egypt today

Egypt Today, egypt today Euro slumps to 2003 dollar low on Fed rate outlook

London economy
London - Arab Today

The euro tumbled Thursday to a near 14-year dollar low point, one day after the US Federal Reserve lifted interest rates and signalled three more hikes for next year.

At approximately 1145 GMT, the European single currency tanked to $1.0411, which was the lowest level since January 2003.

 
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euro slumps to 2003 dollar low on fed rate outlook euro slumps to 2003 dollar low on fed rate outlook



 
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