Keeping Track: the euro vs. the dollar

European currency rises against the greenback

Since January, the euro has gained more than 8 percent against the dollar, reaching $0.99 on Friday. A stronger euro has made goods and services more expensive for Americans travelling in Europe this summer. But the shift should help US firms competing in Europe. A weaker dollar tends to make their products less expensive abroad.

The euro, which went into circulation at the start of this year, first began trading Jan. 4, 1999, hitting a high of $1.19 on that same day. But the currency, used in 12 European nations, fell to an all-time low of $0.82 in October 2000.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK