The European currency fell to its lowest level in 20 years

11:41 05 September Kyiv, Ukraine

The European currency has continued to weaken against the dollar since the beginning of 2022.

 
It is reported by Le Figaro.

On Monday, September 5, the euro was worth less than $0.99 as the European currency suffered from the uncertainty of the European economy after the announcement on Friday of a complete shutdown of the Nord Stream 1 gas pipeline by Russia's Gazprom.

The euro fell 0.71% to $0.9883 on Monday around 5:45 am GMT, its lowest since December 2002.

Since the beginning of the year, the European currency continued to weaken against the dollar.