Mercoledì, 19 Settembre 2018

Euro drops below $1.21 for first time since 2010


(ANSA) - Milan, July 23 - For the first time since June
2010 the euro dropped below the $1.21 psychological benchmark as
markets opened on Monday.
According to a July report by the European Central Bank,
despite the sovereign-debt crisis in the eurozone, the
euro has been "relatively resilient in 2011," accounting for
about a quarter of global foreign exchange reserves.
The U.S. dollar's role as the world's No. 1 reserve
currency remained stable last year, the ECB report found.
Still, the greenback saw its share in global reserves fall
slightly to 62.1%, down from 62.2% at the end of 2011.
Compared to the Japanese yen, one euro was worth 94.49 yen
against 95.86 last Friday.

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