scorecardresearchExplainer: What are the consequences of the euro's fall against the dollar

Explainer: What are the consequences of the euro's fall against the dollar

Updated: 07 Jul 2022, 01:34 PM IST
TL;DR.
  • Nearly half of all goods imported into the eurozone are invoiced in dollars, compared to less than 40 percent in euros, according to the European statistics authority, Eurostat.
FILE PHOTO: A Hungarian woman exchanges forints for euros at a currency exchange shop in Esztergom, Hungary November 11, 2017. Picture taken November 11, 2017. REUTERS/Laszlo Balogh//File Photo

FILE PHOTO: A Hungarian woman exchanges forints for euros at a currency exchange shop in Esztergom, Hungary November 11, 2017. Picture taken November 11, 2017. REUTERS/Laszlo Balogh//File Photo