Euro reaches the minimum value against the dollar for almost two years

The euro fell to the lowest value against the American dollar for almost two years, to reduce the valuation of debt Spain.

On Tuesday afternoon the single European currency quoted in US $1,2487, slightly recovering US $1.246 hours ago.

The impact on the value of the euro was very connected to 24 percent unemployment before its second recession in less than three years, the bad news about the Spanish economy.

Markets have expressed concern about the possibility that can reduce to the case of Bankya and other regional institutions of the Spanish banking sector.

Typically the American currency strengthened against nearly all others, including the British pound, the Japanese yen and the Canadian dollar.

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