Browsing: Euro

The dollar went up by 0.52% to 91.67 rubles, while the euro rose by 0.29% to 98.9 rubles

MOSCOW, February 28. /TASS/. The euro exchange rate has fallen below 99 rubles on Moscow Exchange for the first time since February 15, according to trading data.

The dollar gained 0.41% and climbed to 91.31 rubles, while the euro edged up by 0.3% and amounted to 98.32 rubles

Image used for illustrative purpose An employee of the Korea Exchange Bank counts one hundred dollar notes at the bank’s headquarters in Seoul February 24, 2009. Jo Yong-Hak, Reuters
Reuters Images

Meanwhile, the euro fell to a seven-week low while the yen and Swiss franc were steady as traders processed market jitters about U.S. regional lenders

Tapping Russian assets frozen in the EU will bring harm to the single currency, the head of the Bank of Italy has warned

A majority of Czechs are skeptical about transitioning to the euro, believing that adopting the single currency would carry inflationary risks and would not benefit the country, the media outlet iRozhlas reported this week, citing the latest poll.  

The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs, the EU’s statistics agency said Friday.

The Purchasing Managers’ Index has been in decline for seven consecutive months

Most analysts polled by the newspaper believe the single currency bloc is already in a recession