According to Reuters, a slide in the euro’s rate versus other major currencies raises the risk of conflict with the EU, in terms of economic policy.
The common currency fell against other major foreign currencies during the opening of trading in Australia, in the early morning hours of Monday (local time), down to a rate 1.1170: 1 against the US dollar, which is close to the 1.115 and which was recorded last week — the lowest since September 2003.
Ask me anything
Explore related questions