Today news
About the same in other media
Eurozone’s Fiat Is Plunging – And Probably Won’t Bounce Back Soon
Reading now: 521
cryptonews.comKeith Pilbeam, Professor of Economics, City, University of London.____
The euro has weakened against the US dollar since the beginning of 2021, from around USD 1.23 to its current exchange rate of USD 1.13. Thatâs a fall of about 9%, which is significant, especially since these are the two major currencies of the world. The drop has also intensified in November, falling 3% since the turn of a month, which has seen violence in European capitals over COVID restrictions, migrant problems at the Belarus-Poland border, and Russian troops amassing on the border of Ukraine.
The decline should be seen in a broader context, though. The euro is still stronger than a couple of years ago, when it was about USD 1.10. It also went through some heavy
Read more on cryptonews.comAbout this in other media
Nazi reference as COVID pass protesters vandalise French WWII memorial euronews.com /2 years ago
Dutch cannabis cafes see rise in business during COVID-19 pandemic euronews.com /2 years ago
Tens of thousands protest COVID-19 measures in Vienna euronews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
