The American currency has become more expensive than the European one for the first time since 2002.
The exchange rate of the US currency on the international market has risen above the euro.
Thus, the European currency fell to its lowest since December 2002.
This is evidenced by the platform data Investing.com .
The euro at its lowest point reached 0.9999 against the US dollar on the afternoon of July 13.
At 16.04 Moscow time, the euro is worth $ 1.0024.
A day earlier, the rates of major currencies reached parity for the first time in 20 years.
At the same time, the US has reported record annual inflation since November 1981. Thus, according to the results of June, the indicator accelerated to 9.1% against 8.6% in May, although experts expected an indicator of 8.8%.
The euro is getting cheaper due to risks in the economy and geopolitics, as well as record inflation.
Earlier, topNews wrote that the economist told about the differences between the official dollar exchange rate and the real one.
The specialist explained the reasons for this phenomenon.
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