Explainer-Why the euro’s fall below parity versus dollar matters

On Wednesday, it slumped to as low as $0.9998 and is down almost 12% so far this year.
It started the year on a strong note before the war in Ukraine fuelled inflation and hurt the bloc’s growth outlook.
Here’s an outline of the significance of the move.
WHAT’S THE BIG DEAL?
For starters, a drop…
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