LONDON, July 23 (Reuters) - The euro hit an 8-month low against the dollar on Wednesday on diverging interest rate outlooks for the United States and euro zone and a view that the euro zone economy would be hurt by further sanctions on Russia.
The euro’s weakness was broad-based. It hit its lowest since August 2012 against the British pound - 78.83 pence, with some investors positioning for hawkish minutes from the Bank of England later in the day.
Against the dollar, the euro fell to $1.3455, its lowest since November 2013 and investors expected more losses in coming days. The euro was also down 0.2 percent at 136.45 yen .
Reporting by Anirban Nag, editing by Nigel Stephenson