In the London foreign exchange market on the 13th, the view that the interest rate differential between Europe and the United States will widen after the US consumer price index rose 9.1% and reached a record level for the first time in 40 and a half years became stronger at one point. , 1 euro has fallen below $ 1.
The so-called "equivalent break" in which the value of 1 euro falls below 1 dollar is the first time in about 20 years since December 2002.
Market officials said, "The Central Bank of Europe is also planning to raise interest rates this month, but the United States is expected to raise interest rates significantly this month to curb inflation, and the move to sell euros and buy dollars from the view that the interest rate differential will widen. Came out. "