Since the beginning of the year, the European currency has continued to weaken against the dollar.
This is reported by Le Figaro.
The euro traded below $0.99 on Monday, September 5, as the European currency was hit by uncertainty in the European economy following Friday's announcement of a complete shutdown of the Nord Stream 1 gas pipeline by Russia's Gazprom.
The euro fell 0.71% to $0.9883 by 5:45 a.m. GMT on Monday, its lowest since December 2002.
Since the beginning of the year, the European currency has continued to weaken against the dollar.