Fears of further depreciation after Myanmar’s new 20,000 Kyat note announcement

The pubic in Myanmar are worried that the Kyat is further depreciating, after the announcement that a new 20,000 Kyat bank note denomination will be printed, though Myanmar’s Central Bank…

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INA FASSBENDER / AFP

What’s next for the euro after slump against dollar?

The euro’s plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy, has driven the two currencies to parity for the first time in…

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REUTERS/Eric Gaillard

Euro drops to 20-year low, approaches parity with dollar

NEW YORK, July 11 (Reuters) – The euro slid to a 20–year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will…

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