{"id":14603,"date":"2022-08-23T09:37:34","date_gmt":"2022-08-23T09:37:34","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002"},"modified":"2022-08-23T11:11:47","modified_gmt":"2022-08-23T11:11:47","slug":"euro-remains-at-lowest-level-against-the-dollar-since-2002","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002","title":{"rendered":"Euro remains at lowest level against the dollar since 2002"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>The euro traded today below the value of the dollar, at a level that had not been recorded since 2002, when it began to circulate, under pressure from the energy crisis that threatens to push Europe into recession.<\/b><\/p>\n

At 16:30 (local time), the euro lost 0.84% \u200b\u200band was still at 0.9941 dollars, the lowest level since 2002.<\/p>\n

The dollar has been strengthening, benefiting from the monetary policy of the Federal Reserve (Fed), which began raising interest rates months ago and is expected to continue to raise them, which makes investments in dollars more attractive.<\/p>\n

With the US economy less affected by the war in Ukraine than Europe, the Fed has more leeway to act than the central banks of European countries.<\/p>\n

The appreciation of the dollar makes imports more expensive, namely those of raw materials such as oil, whose price is fixed in dollars, accentuating the inflation that affects consumers and companies.<\/p>\n

“Europe is preparing for a new closure of the Nord Stream 1 pipeline at the end of the month,” Craig Erlam, an analyst at Oanda, told AFP.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. The euro traded today below the value of the dollar, at a level that had not been recorded since 2002, when it began to circulate, under pressure from the energy crisis that threatens to push Europe into recession. At 16:30 (local time), the euro lost 0.84% \u200b\u200band was still at 0.9941 dollars, […]<\/p>\n","protected":false},"author":84,"featured_media":14602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,337,329],"class_list":["post-14603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nEuro remains at lowest level against the dollar since 2002 - Angola<\/title>\n<meta name=\"description\" content=\"The euro traded today below the value of the dollar, at a level that had not been recorded since 2002, when it began ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro remains at lowest level against the dollar since 2002\" \/>\n<meta property=\"og:description\" content=\"The euro traded today below the value of the dollar, at a level that had not been recorded since 2002, when it began ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-23T09:37:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-23T11:11:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/08\/postQueueImg_16-6304b5d0359e2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1620\" \/>\n\t<meta property=\"og:image:height\" content=\"1079\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Euro remains at lowest level against the dollar since 2002\",\"datePublished\":\"2022-08-23T09:37:34+00:00\",\"dateModified\":\"2022-08-23T11:11:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\"},\"wordCount\":194,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/08\/postQueueImg_16-6304b5d0359e2.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/euro-remains-at-lowest-level-against-the-dollar-since-2002\",\"name\":\"Euro remains at lowest level against the dollar since 2002 - 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