The ECB continues to strengthen the Euro-currency

13 January 2018, 18:38 | The Company
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So, this week the euro against the dollar rose by half a percent, and today this figure rose again by one and a half percent. ECB experts associate such a currency boom with a positive end to the coalition negotiations in Germany, which is the largest market for Eurocurrency users. Now German eurobonds Bund jumped to a five-month high.



The European Central Bank will also begin curtailing the program of financial injections into the economy through the purchase of assets from private hands. The regulator in 2018 plans to invest in such activities not more than 30 billion euros a month, which can also affect the growth of the euro. Thus, the "cheap" euro is planned to be phased out of circulation.

As reported in the "URA-Inform", recently the euro in the Ukrainian exchangers exceeded 34 hryvnia.




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