Since the beginning of this year, the euro has been under strong pressure on the foreign exchange market. Over these first 4 months, our currency fell by 7% against the greenback. On Friday, you only had to pay $1.0545 for one euro. Are we close to euro-dollar parity? Clearly, another small 5 percent drop, and this famous threshold will be reached. And… is it serious, Doctor? In itself, no, but this development is above all indicative of the ills from which the economy of the euro zone suffers. This relative decline was accelerated by the war waged by Russia against Ukraine, as this conflict generates uncertainty for our economies, particularly through…
Take advantage of our current offer and access to all our articles in unlimited
On the same subject
Related posts:
Agriculture in Quebec: Why the UPA's Alarmist Message Needs to Change
68 fake parts found in older jet engines from Boeing and Airbus | Economy
Huge Deal: Broadcom Acquires VMware for $61 Billion
One of the two rarest Ferraris put up for auction at the price of a new Toyota Land Cruiser
Extraordinary works council of Mestdagh after the takeover by Intermarché: no layoffs planned
Goldman Sachs Plans Additional Job Cuts, Third in Less Than a Year - Bloomberg
Trade pacts with EU, EFTA doable: Piyush Goyal
Benin Economy: Central Bank Reports 2.1% Inflation Rate in Q2 2023