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Euro drops massively against dollar & Russian ruble

It seems the war in Ukraine is wreaking havoc on the euro. Just today, it is revealed the euro fall is a record one judging by its relationship with the dollar for over five years.

It is even more surprising that the euro has fallen double digits against the Russian ruble while fell massively after the war in Ukraine began a few months ago.

The Russian ruble has since recovered but it is hard to tell what the future holds for the euro.

A bigger part of this euro fall is blamed on the impending recession that is sweeping across Europe.

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