The euro fell to its lowest level in two decades

The euro fell to its lowest level in two decades

The single European currency fell against the US dollar to its lowest level in nearly 20 years, amid increasing fears of economic recession in the euro area due to concerns about the energy crisis in Europe. The main dollar index, which measures the performance of the US currency against 6 major currencies, rose 1.31%, the highest level since December 2002, and the 10-year treasury bonds rose to 2.8236%, and the two-year treasury bonds rose to 2.8225%.

The euro fell against the US dollar by 1.8% to $ 1.0236, the lowest level since December 2002, the Japanese yen fell against the US dollar by 0.15% to $ 135.91, and the pound sterling fell against the dollar by 1.21% to $ 1.1959.