"This post originally appeared on Business Insider. By Mike Bird
The euro crumbled below a new benchmark in early trading Tuesday, falling below $1.08 for the first time in 11 years, and just kept sliding all day. At 4:30 p.m. GMT (12:30 a.m. ET) it dropped to as low as low as $1.0709, down 1.32 percent.
Less than a week ago, it was above $1.10.
And just 12 months ago, the euro reached an 18-month high against the dollar, at nearly $1.40. It has plunged 22.5 percent since then. Here's how it looks:
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