TITLE

Exchange Rates: Outlook

PUB. DATE
March 2012
SOURCE
Ireland Country Monitor;Mar2012, p12
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
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 U.S. trade and current-account deficits. The euro is seen stabilizing and starting to edge up late in 2013 for European Central Bank (ECB) will soon gradually raise interest rates.
ACCESSION #
72443698

 

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