Quartz·1 min read·medium

Euro sinks to 17-month low as French debt fears spread

Cris Tolomia
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The euro has dropped to its lowest value in 17 months due to increasing concerns over French national debt. Borrowing costs in France have reached their highest levels since 2002.

Why it matters

Economic instability in major Eurozone economies can trigger broader market volatility and impact global currency valuations.

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The euro touched $1.1160 on Monday, its weakest since May…

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