Rate of Euro goes up
Euro is going to return its leading positions
In brief: The growth of European currency value began after Germany had set the ban to speculative financial operations.European currency has improved its positions. On exchange in New York euro has grown by about 2% to 1.24 USD. It assures eurozone countries. Remind, that on Tuesday the rate of euro reached its historical minimum and European countries had to take special measures in order to keep their currency in value.
The growth of European currency value began after Germany had set the ban to speculative financial operations. The ban was set to short sale stocks of leading banks and insurance companies of the country in order to stop speculative operations with euro. Also Portugal and Spain reduced their budget expenses in order to save their economic situation.
Maria Velikanova2010-05-20 10:56, Currency news.
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