HomeEconomyEuro: price against the...

Euro: price against the dollar fell to the lowest level since 2022

Fear of a recession is driving investors to take refuge in dollars. | Font: EFE

adUnits.push({
code: ‘Rpp_economia_economia_Nota_Interna1’,
mediaTypes: {
banner: {
sizes: (navigator.userAgent.match(/iPhone|android|iPod/i)) ? [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100]] : [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100], [635, 90]]
}
},
bids: [{
bidder: ‘appnexus’,
params: {
placementId: ‘14149971’
}
},{
bidder: ‘eplanning’,
params: { ci: ‘1efdd’ }
},{
bidder: ‘rubicon’,
params: {
accountId: ‘19264’,
siteId: ‘314342’,
zoneId: ‘1604128’
}
},{
bidder: ‘amx’,
params: {
tagId: ‘MTUybWVkaWEuY29t’
}
},{
bidder: ‘oftmedia’,
params: {
placementId: navigator.userAgent.match(/iPhone|android|iPod/i) ? ‘22617692’: ‘22617693’
}
}]
});

Today, Tuesday, July 5th, price in euro fell against the dollar due to fears of a global recession.

The euro fell nearly 1% to $1.03, hitting its lowest level since December 2002 as the latest released economic data points to growing risk recession in the eurozone.

According to the agency, the European currency is under pressure from the uncertainty of the war in Ukraine and problems with Russian gas supplies.

In addition, the publication of the Composite Purchasing Managers Index in Europe indicates the risk of growth slowdown at the end of the second quarter

Meanwhile, the dollar is also being pushed by the more aggressive monetary policy of the US Federal Reserve System (FRS).

In this situation, the price Euro approaches parity with the dollar for the first time since its inception in 1999.

“Rising recession fears are driving the euro lower while the dollar is rising on bets that the Fed will continue to aggressively raise rates to curb inflation,” City Index expert Fiona Sincotta (AFP) told Agence France-Presse.

Estimated globally since the beginning of the year Euro lost 9.4% against the dollar.

How much is a euro in Peru?

The Central Reserve Bank (BCR) indicates that today the price of the euro in Peru fell from S/3992 to S/3962 at the interbank level.

In addition, the TMC states that over the past 12 months price in euro fell by 15.12%.

For its part, the cualestaeldolar.pe platform indicates that exchangers buy euros at S/4.02 and sell at around S/4.15.

Source: RPP

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

GBI was struck by anger, the requirement of short -term reconciliations of SOC without Boytsov’s order

Employees of the State Bureau of Investigations exposed military personnel in the Nikolaev area, who demanded that the military left some of the military in exchange for returning to the service. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...

In Priluki, the Cisland arrived at the post of drone in his house, where he was killed

The rescuer arrived in Pryluky to eliminate the effects of a drone that fell into his house, where his family was killed. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...