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Dollar slides 1% versus euro on US debt concerns

by Naharnet Newsdesk 19 May 2025, 13:20
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The dollar slid one percent versus the euro on Monday after a downgrade to a key U.S. credit rating that triggered worries about the nation's debt pile.

Following the greenback's decline, one euro was worth $1.1276, while the U.S. currency dropped heavily against the British pound.

SourceAgence France Presse
Business
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