EconomyEuro falls to 17-month low against dollar amid French debt concerns
The euro has dropped to a 17-month low against the US dollar as investors worry about France’s ability to restore order to its public finances. It is down nearly 7% from its late-January peak. Global oil prices also fell despite tensions around the Arabian Peninsula, after the G7 backed releasing up to 100 million barrels from strategic reserves and Persian Gulf flows returned to pre-war levels.
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Euro falls to 17-month low against dollar amid French debt concerns
Economy