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Euro Dips Below $1.10 For First Time Since 2020

A woman leaves a currency exchange office displaying the US dollar and the euro signs in Saint Petersburg on March, 2, 2022.  (Photo by Olga MALTSEVA / AFP)

The euro sank close to a two-year low under $1.10 on Friday as the Ukraine conflict continues to cloud the eurozone’s economic recovery from the pandemic.

The European single currency slid in late morning deals to $1.0992, the lowest level since May 2020, as the greenback benefited also from its status as a haven investment.

Details soon…

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