The euro falls below the threshold of the strengthening dollar thanks to the design of the US central bank

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The dollar rose for a few moments on Monday, above the one-euro threshold, thanks to the determination of several members of the US Federal Reserve to tighten their monetary policy.

 

While the European economy will suffer from the jump in energy prices that will limit the room for maneuver of the European Central Bank and the Bank of England, the euro lost around 08:20 GMT (10:20 am in Paris) 0.35% to $ 1,000, After falling to $0.9994, the sterling pound fell 0.33% to $1,1790, levels that the market has not seen since mid-July.

 

Source: Rai Al-Youm newspaper website

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Currency Exchange Rates

currency sell buy
USD 558 559
GBP 674.24 675.00
SAR 148 149
EUR 568.56 570.00

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