For the first time in 20 years, the single European currency has fallen below parity with the dollar. It was this Monday, August 22.
If the European currency had already fallen below parity for the first time in mid-July, this time the euro lost 0,84% to 0,9951 dollars. This level had not been seen since the year it was put into circulation in 2002. The following day, Tuesday August 23, the euro had gained to return to parity against the American currency. 1€/1$, formula we are used to in Saint-Martin. On Wednesday August 23, this parity had risen to €1/$0,99. These hazards since the start of the year have benefited the greenback, which has seen its currency resist the war in Ukraine and accentuated its safe value. _pc
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