The euro falls to 1 dollar, a first since 2002

The euro fell to one dollar on Tuesday, a level not reached since 2002, the year it was created. For 20 years, the euro has always been above the greenback.

Since the beginning of the year, because of the Russian energy crisis and its consequences for the European economy which has gradually freed itself from Russian hydrocarbons following the war in Ukraine, investors have chosen to bet on the dollar .

Safe haven, the dollar has gained nearly 14% since the start of the year and briefly traded at one dollar for one euro around 09:50 GMT (11:50 a.m. in Paris), a value it had never reached since. 20 years.


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