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The Economic Times

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Euro hits 17-month low as French debt fears, US inflation lift dollar

The euro reached a 17-month low against the dollar due to worries over France's budget deficit. Concerns about a potential euro-zone debt crisis have heightened market caution amid political uncertainty. Bonds from more indebted countries faced selling pressure, while German government debt remained favored. The dollar gained in strength partly due to persistent inflation signals in the US economy.

6 Oct 2026 1:13 am