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Russia , Friday 17 July 2026

The euro just hit a 5-year low against the dollar as Russia's halt in gas flows darkens economic prospects for Europe

Published on: Wednesday 27 April 2022

The euro just hit a 5-year low against the dollar as Russia's halt in gas flows darkens economic prospects for Europe Russia's war with Ukraine will have "severe economic consequences for Europe," the IMF warned, flagging soaring commodity prices in the euro-area.


News source: https://markets.businessinsider.com/news/currencies/euro-versus-dollar-russia-gas-shipments-europe-economy-recession-2022-4

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