Euro At Two-year Low

The euro fell below $1.22 for the first time in two years, continuing its July slide on worries about the economy. Last week's ECB interest-rate cut has added to the pressure.

Topics:  july   ecb   euro   
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  • Euro
    Euro or € is the currency of the countries in the eurozone. One euro is divided into 100 cent (officially) [1] (singular) or "cents" (unofficially). [2] Because of the number of different languages in the European Union, there are different, unofficial, names for this unit (the French call them "centimes" and the Spanish "céntimos", for example).
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  • Overview of the euro
    The euro brings us all together. The euro unites us – it’s used by about 350 million people across 20 European Union countries. The euro is a beacon of stability and a symbol of European unity. It’s also one of the most trusted currencies in the world. Here at the European Central Bank, we work to safeguard its value.
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  • The Euro | European Union
    From economic stability to integrated financial markets, the euro is a tangible sign of European identity. Find out more about its benefits. The euro is the official currency of 20 European Union countries which comprise the Eurozone. Read more here.
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    The euro (symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6] [7]
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