Euro falls to 17-month low against dollar amid French debt fears
France’s Cac 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertainty Business live – latest updates The euro has…
The Guardian reports: France’s Cac 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertainty Business live – latest updates The euro has slumped to the lowest level against the dollar in 17 months amid growing concern France’s debt position could threaten the stability of the wider single currency bloc.
It has slumped by about 1.2% this month, accelerating a drop of about eight cents against the greenback…
This business story centres on France. Names and organisations mentioned in the coverage include French, France’s Cac and Spain.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- France · Europe
- Reported by
- The Guardian
- First reported
- Key names
- French, France’s Cac, Spain, Business
- Section
- Business
- Figure cited
- The single currency fell as much as 0.8% against the dollar in early trading on Monday to below $1.12, its lowest level since May 2025, before recovering slightly. (The Guardian)
Sources
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Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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