Tuesday, August 9, 2022

The euro is devaluing again due to employment data in the US.

The currency that governs most European countries has been devalued in recent months until it is equal to the dollar. Photo: Pixabay

euro Depreciated on this Friday, August 5, 2022 following the publication of the figures for US labor market, las statistics Show and promote strong job creation Note,

The Euro was exchanged around 3:00 PM GMT USD 1,0172in front of USD 1,0196 in the last hours of Conversation european foreign exchange market of the previous day.

European Central Bank (ECB) Set the reference exchange rate for the euro USD 1,0233,

Strong job creation recorded in July United States of America (USA)more than five lakh Supports government’s arguments for new jobs Joe Biden on the strength of the labor market. With the measure, President A. refute the predictions of recession Feather first economy Of world.

Read Also:  US accuses Russia of stone pelting in cybercrime

statistics are an argument for Reserve Federal (Fed) Continuing with its aggressive and rapid increase in interest rates.

The single currency was exchanged in a band of instability ENTRE USD 1,0142 y usd 1,0246,

Contains content that, when uploaded, could cause problems with Facebook. There are five cases » https://bit.ly/3zVd2Hf

Posted by El Comercio on Friday, August 5, 2022

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news
- Advertisement -


Please enter your comment!
Please enter your name here