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Eurozone inflation leads to 30% drop in Euro value Impact | ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸

Eurozone inflation leads to 30% drop in Euro value

Impact of inflation on Euro's purchasing value

The buying power of one Euro (1€) has depreciated by a whopping 30% between 2000 and 2020 from 1€ to 0.7€, according to data researched by Trading Platforms UK. This means that the same one Euro can't pay for a similar amount of goods or services like in 2000.

The Eurozone has faced a host of economic challenges over the past two decades, and the region's main currency, the Euro, is bearing the impact on its value.

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