Euro Rate

The currency has since weakened 8 percent against the euro after surging as much as 37 percent in the previous 12 months. ‘Absolutely No Doubt’ “We will enforce this minimum rate with the utmost determination and we are prepared to buy …

RTEuro Drops as Greek Debt Stalemate Increases Crisis ConcernBusinessWeekSouth Africa's rand and Mexico's peso led gains after the US jobless rate dropped. The European Central Bank is forecast to keep rates unchanged when it meets next week. ?…

Today, Estonia’s economy is the fastest-growing in the currency bloc, consumers and businesses are paying lower interest rates, and business ties with Finland—a euro member state and Estonia’s main trading partner—are tighter than ever.

Czechs Hold Rates, Cut GDP Outlook on Europe's Debt CrisisBusinessWeek2 (Bloomberg) — The Czech central bank kept interest rates at a record low for a 14th meeting as a weaker koruna prevented a decrease in borrowing costs and the euro area's …

Feb. 2 (Bloomberg) — The Czech central bank kept interest rates at a record low for a 14th meeting as a weaker koruna prevented a decrease in borrowing costs and the euro area’s debt crisis prompted policy makers to cut the outlook for …

Birmingham StarEuro-Region Producer-Price Inflation Slows as Growth WeakensBusinessWeek2 (Bloomberg) — Euro-area producer-price inflation slowed for a third month in December, adding to signs of easing cost pressure across the region as growth weakens…

The inflation rate in the 17-nation euro area was 2.7 percent, the same rate as in December, the European Union’s statistics office in Luxembourg said in an initial estimate today. The European Central Bank aims to keep inflation just below 2 percent.

BloombergDollar Tumbles on Fed Interest Rate Pledge, Greek Debt TalksBusinessWeekEuro area governments are seeking to fill a deeper-than- expected hole in Greece's finances by pressing investors to accept a lower interest rate on exchanged bonds. T…

The euro was supported as Italy sold bills … The Dollar Index headed for its second weekly decline after the Federal Reserve’s pledge to keep interest rates low for at least three more years. “The next market focus is whether Greece …

Italy Sells Maximum EU11 Billion of Bills as Rates DeclineBusinessWeekThe Treasury also sold 3 billion euros of 331-day bills at a rate of 2.214 percent. “Bond auctions in Italy are no longer nerve-wracking affairs,” Nicholas Spiro, managing direct…