The exchange rate of euro and the dollar has reached again, this Wednesday, July 13, Parity, a milestone that occurred on Tuesday for the first time in 20 years, and after which the European currency recovered.
And not only parity, the euro fell again, 0.17%, and was below the dollar, trading at $0.9998, saccording to agency data Bloomberg.
Despite this, he recovered and got back to $1.0029.
On Tuesday’s session, and for the first time since July 15, 2002, the euro touched parity with the dollar.
The fact occurred in a context of fear of a economic recession in view of the successive rises in interest rates that the central banks are carrying out to deal with the rise in inflation.