The euro has hit its lowest level in more than three months

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The euro has hit its lowest level in more than three months

Jean-Philippe Ksiazek

This file illustration photo shows an employee of a currency exchange office displays US dollars next to a 20-euro. The euro on Monday hit its lowest level in more than three months as the electoral defeat of ruling parties in France and Greece stoked fears about the fate of austerity policies aimed at ending the eurozone debt crisis.