Euro Hits Five-year Low Versus Dollar

4 years ago
Euro Hits Five-year Low Versus Dollar

The euro on Wednesday hit a five-year low against the dollar as the US currency benefits from its haven status amid economic unrest and as the US Federal Reserve hikes interest rates.


The European single currency dropped to $1.0588, the lowest level since April 2017.


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Yemen's Houthi-Controlled Sanaa Faces Liquidity Crisis Amidst Tightened Regulations
Yemen's Houthi-Controlled Sanaa Faces Liquidity Crisis Amidst Tightened Regulations