Geopolitics

Euro falls to 17-month low against dollar amid French debt fears - AOL.com

Source: AOL.com

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DW NOTE

The euro is now within spitting distance of parity with the dollar — not because the dollar is strong, but because French debt trades like emerging market paper with a Michelin-starred PR team. When yields on your sovereign bonds start pricing contagion risk inside a currency union, the exchange rate is the least of your problems.

Read the full story at AOL.com →

The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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Euro falls to 17-month low against dollar amid French debt fears - AOL.com

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