Euro at 4-year peak against US dollar as euro inflation hits ECB's target Related news
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ISTANBUL The euro increased to its highest since 2021 against the US dollar on Tuesday after annual inflation in the eurozone hit the European Central Bank (ECB)'s target of 2%. The currency was up 0.1% against the dollar to 1.1821 as of 0930GMT, the highest since August 2021. The rise was due to the confirmation of the euro area's annual inflation as a 2% medium-range target of the ECB. The figure matched the European Central Bank's (ECB) target range and market expectations. The biggest
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