The Business Times

Euro hits 7-month low, pressured by ECB stimulus expectations

Published Mon, Nov 23, 2015 · 02:08 AM

[SINGAPORE] The euro extended its losses and hit a seven-month low against the dollar on Monday, pressured by expectations that the European Central Bank will ramp up its monetary stimulus next month.

The euro slipped to US$1.0610 on trading platform EBS at one point, its lowest level since April.

REUTERS

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here