Business

Euro's Value Plummets, Boosting Dollar

Updated 2026-10-05 19:40 UTC 1 source Negative

The Euro has reached a 17-month low against the dollar due to mounting government debt issues in Europe. The decline in value is affecting international trade and financial markets.

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The Hill
The value of the Euro slid on Monday to a 17-month low amid mounting government debt across Europe. As of mid-afternoon on the East Coast, one Euro is worth roughly $1.12, after sinking below that threshold earlier in the day. The European currency hit its lowest point since May 2025, when it was ro
2026-10-05 19:21 UTC
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