Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

Photo: Reuters

Photo: Reuters

The European Central Bank’s Isabel Schnabel started it. In February she flashed a chart showing how much the euro had weakened against the US dollar. Two months later, Bank of

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First Published: Jun 23 2022 | 8:55 PM IST

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