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Friday, Dec 02, 2022
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Euro dips below 1.01 against dollar
The euro on Friday continued to fall against the U.S. dollar, dropping below 1.01 dollars in intraday trading, its lowest record in nearly 20 years.
The reference rate of euro against the U.S. dollar was 1.0163 Friday, lower than the previous day's 1.0180, according to the European Central Bank (ECB).
The euro and U.S. dollar would soon be equally strong, and the euro could even sink below parity to 0.9 against the dollar, said Mark Dowding, Chief Investment Officer at BlueBay Asset Management.
As of 10:45 p.m. local time (2045 GMT), euro was trading for 1.018 dollars in the currency market.
Suella Braverman reappointment sets dangerous precedent - MPs
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Labour hold City of Chester seat in Rishi Sunak's first electoral test
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Prince William and Kate continue US trip ahead of climate prize
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Infectious Covid virus can stay on some groceries for days
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The hidden ocean pollution killing marine mammals
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Zelensky tells Elon Musk to 'come to Ukraine' after peace deal furor
Ukrainian President Volodymyr Zelensky has again criticized Twitter CEO Elon Musk for proposing a peace deal with Russia.
Royal tour to the US overshadowed by Harry and Meghan show and Palace race row
The Prince and Princess of Wales were given a junior guard of honour as they met with tech entrepreneurs during their three day trip to the US.
Foxconn: iPhone maker offers payments for finding new workers
Apple supplier Foxconn is ramping up efforts to recruit workers after unrest at the world's biggest iPhone factory.
Ngozi Fulani: Lady Susan Hussey's race comments were abuse, says charity boss
A black British charity boss who was repeatedly asked where she was "really" from at a royal reception has told the BBC the encounter was "abuse".
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