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Euro higher edges up against dollar to $1.4091

Euro higher edges up against dollar to $1.4091

The euro edged higher against the U.S. dollar in very light pre-holiday trading on New Year's Eve Wednesday.
The 15-nation common European currency bought $1.4091, up only slightly from the $1.4087 it bought in late New York trading Tuesday.
The British pound continued its downward trend to $1.4457 compared with $1.4498 in New York on Tuesday night. The pound has been battered by abysmal economic news in Britain and now finds itself near parity with the euro, meaning Britons traveling in the euro zone are getting less value for their traditionally strong currency.
The euro was adopted as virtual currency in 1999 and its coins and bank notes went into circulation in January 2002. On Jan. 1, Slovakia will adopt the currency, the 16th such country to do so.


Updated : 2021-06-23 04:48 GMT+08:00