Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...
The European single currency shot to an all-time high of 1.3879 dollars Wednesday on fears of a recession in the United States and the prospect of lower interest rates in the world's biggest economy.
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