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Result electoral French causes strong euro fall.
Category: Economy Date: 31-05-2005

The euro fell today Tuesday more than 1,0 percent in front of the dollar, at its lower level in seven months, after the rejection of France to the Constitution of the European Union caused concerns for the perspectives of reformations in Europe.

The fall of Tuesday took to the euro at its lower level in seven months, of 1,2312 dollars, reverting this way the rise that had begun by the middle of October and that it took it to maximum record in front of the dollar in December. The European unique foreign currency also reached minima of four months in front of the yen of 133,15 yens, stop then to recover lightly to 133,49 yens.


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