Euro Slides as Austria’s Fourth National COVID-19 Lockdown Begins

Euro Slides as Austria’s Fourth National COVID-19 Lockdown Begins
Rolled Euro banknotes are placed on U.S. Dollar banknotes in this illustration taken on May 26, 2020. Dado Ruvic/Illustration/Reuters
Reuters
Updated:

London—The euro fell on Monday to trade close to a 16-month low on growing concerns over the impact of new COVID-19 restrictions in Europe, with Austria starting a full lockdown and Germany considering following suit.

Austria began its fourth lockdown, the first introduced since vaccines became widely available, shutting Christmas markets, bars, cafes, and theatres.