Concerns Over French Debt Put Pressure on the Euro

According to Mehr News Agency, France faced higher government borrowing costs on Friday, 10 Mehr 1405 (October 2, 2026), as its government debt-to-GDP ratio reached about 119 percent. The fiscal concerns have put the euro under pressure against the US dollar.

Sahmino's own data shows the euro-dollar exchange rate at 1.1259 today. France's heavy government debt load, one of the largest economies in the eurozone, has become a growing focus of concern for European bond investors in recent months, pushing up its long-term borrowing costs relative to other major eurozone economies.