3 January 2001, 13:20 Germany's HWWA institute says euro will reach parity with USD
Hamburg--Jan. 3--The euro has now achieved a turnaround on currency
markets and will achieve or exceed parity with the U.S. dollar in 2001,
said Hans-Eckart Scharrer, vice president of Hamburg-based economics
institute HWWA.
"The euro may move between $1 and $1.10 (this year)," he said in an
interview with newspaper Hamburger Abendblatt Wednesday.
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