Exchange Rates: Recent Developments

February 2012
Greece Country Monitor;Feb2012, p12
Country Report
The article discusses the developments on exchange rates in Greece in 2011. It notes that the euro tended to come under pressure as a result of the increasing sovereign debt predicament in the country as well as the heightened contagion effects on Spain and Italy. It mentions that the euro has gained its recovery from the support of the European Central Bank (ECB) by raising the interest rate from 1.25% to 1.50% in July 2011.


Related Articles

  • Exchange Rates: Outlook.  // Ireland Country Monitor;Mar2012, p12 

    The article offers outlook for the exchange rates in Ireland in 2012. It is forecasted that the euro will likely to trend lower during 2012 and well into 2013. It is expected that the euro's downside will be limited due to factors such as long-term pressure on the dollar stemming from the large...

  • Exchange Rates: Outlook.  // Spain Country Monitor;Mar2012, p12 

    The article presents outlook for Europe's exchange rates in 2012. It is expected that the euro will lose its ground through the middle of the period due to Eurozone economic contraction, further cut of European Central Bank's (ECB) interest rates and the restructure of Greece's sovereign-debt....

  • Dollar Drifts Lower As Fed Lags Europe In Inflation Fight. Platt, Gordon // Global Finance;Apr2011, Vol. 25 Issue 4, p84 

    The article present a forecast on the foreign exchange activity of the dollar and euro currency. It reports that dollar has been drifting lower on hopes that the Federal Reserve will delay increasing interest rates to fight inflation. Moreover, it stresses that the euro currency neared a...

  • Exchange Rates: Outlook.  // Greece Country Monitor;Feb2012, p11 

    The article presents an outlook for the exchange rates in Greece from 2010-2016. It notes that the euro is projected to decline around USD1.25 in March/April 2012 as driven by several factors including the declining activity in the Eurozone and tighter credit conditions. The European Central...

  • Exchange Rates: Outlook.  // Portugal Country Monitor;Mar2012, p11 

    The article offers information about the forecast for exchange rates in Portugal. It mentions that euro is projected to lose ground through to middle of 2012 as Eurozone economic contraction happens, wherein the European Central Bank curtails interest rates further, and Greece undergoes...

  • Exchange Rates: Recent Developments.  // Finland Country Monitor;Nov2011, p12 

    The article focuses on the developments in the exchange rates in Finland in 2011. It says that the euro has initially received a significant growth when the European Central Bank (ECB) indicated that it would be prepared to increase interest rates if the Eurozone consumer price inflation...

  • Exchange Rates: Outlook.  // Slovakia Country Monitor;Nov2011, p12 

    The article focuses on the outlook in exchange rates in Slovakia. It says that euro is projected to soften by the end of 2011 and early in 2012 resulting from the cuts of interest rates in European Central Bank (ECB) and the restructuring of sovereign debt in Greece. It states that a limited...

  • Exchange Rates: Outlook.  // Portugal Country Monitor;Jan2012, p11 

    The article discusses an economic outlook of Portugal, focusing on the future of foreign exchange rates in 2012. Economists have projected that euro will be weak over the final days of 2011 and early in 2012 due to the contraction of the Eurozone economy, the decline of European Central Bank's...

  • Exchange Rates: Recent Developments.  // Italy Country Monitor;Feb2012, p14 

    The article focuses on developments in global exchange rates in 2011. It asserts that the euro traded in a 1.40-1.45 U.S. dollars band between May and early September 2011. It claims that the announcement made by European Central Bank (ECB) regarding its plan to stop its interest-rate hiking...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics