The euro fell to a nine -year minimum in relation to the dollar

The euro in relation to the dollar today has fallen to the lowest level over the past nine years amid a fall in oil prices . At morning European auction, the euro exchange rate towards the dollar amounted to 1.1842.

The price of a Brent barrel of Brent oil today at a auction in London fell below $ 50 for the first time since 2009. In the United States, the price of West Texas Intermediate oil also dropped below $ 50 per barrel.

According to the Eurostat data published today, in the eurozone, consumer prices fell in December by 0.2 percent compared to January last year, which is the first sign of deflation in the Unified European currency zone for the first time since 2009.

According to information agencies, slow growth in the global economy and the growing supply of oil and gas in recent weeks have led to a drop in fuel prices.