Indications of a Strong Euro A single currency has always been a dream for many European countries, as it would symbolise stability and unity, both economic and political. The Euro was launched in 1999 amid much Euro-phoria. Many people believed that the Euro would replace the dollar as the main international currency: a medium of exchange, store of value, and unit of account. Not only that, but they also believed that it would also be used …
showed first 75 words of 2102 total

showed last 75 words of 2102 total
…Euro will then be a strong and stable alternative to the Dollar, and may even replace the dollar as the main international currency. --- Since the time of writing, the Euro has reached parity with the dollar, and at was stage was even worth $1.03. On September 1st 2002, it is worth $0.98. It currently is seen as a safer alternative to the dollar, due to unrest in the middle east and numerous accounting scandals in the US.