Exchange Rates: Outlook

February 2012
Ireland Country Monitor;Feb2012, p12
Country Report
The article reports on the outlook for exchange rates in Ireland in 2012. It anticipates the Eurozone to sustain further gross domestic product (GDP) decline during the first and second quarters of the year. It expects the slowdown of euro's devaluation due to the fiscal condition in the U.S. It forecasts the improvement of euro to reach 1.32 U.S. dollars (USD) by the end of 2012.


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