In the summer of 2002 the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but in early 2016, the euro and the dollar were nearly equivalent. This change in value is called
A. foreign currency fluctuations.
B. interest destabilization.
C. inflation.
D. global financial impact.
E. recession.
Answer: A
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