Click to play videoNew Delhi: The Vatican's feeling the pinch of the weakening American dollar. Its administrative core has lost about $14 million.
Last year its investment losses amounted to twelve and a $0.5 mn dollars compared to an $11 million profit the year before.
All because the heavy donation that comes from Americans is in dollars and the Vatican spends in euros. Last year the dollar lost 15 per cent of its value to the euro.
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