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[Music] welcome to this latest dw business special im christy platson in berlin today were looking at the euros weak performance against the dollar for the first time in 20 years one euro is now worth just one dollar thats also known as parity which means the exchange rate is one to one now the euro has been under pressure for some time now since the beginning of the year it has lost 13 u.s cents in value the war in ukraine and dependence on russian gas are hitting the currency as is monetary policy now euro dollar parity means eurozone exports to the u.s are cheaper a possible silver lining for export-oriented countries like germany but u.s goods are also more expensive for europeans to import for businesses this means passing those costs onto customers who are already struggling to keep up with high consumer prices well joining me at my small desk to talk about this is cassandra sundt from the business desk thank you for being with us we also have karsten brzezki on the line he