Exchange Rates: Outlook

March 2012
Finland Country Monitor;Mar2012, p10
Country Report
The article presents the outlook for the exchange rates in Finland from 2009-2016. It notes that the euro is expected to lose ground through to mid-2012 due to several factors including the cutting of the interest rates by the European Central Bank (ECB) and the sovereign-debt restructuring initiated by Greece. It mentions that the downward pressure on the euro can be eased by the Greek restructuring which may result to a potential increase in business and consumer confidence.


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