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Euro rises and reaches 1.07 dollars

Euro rises and reaches 1.07 dollars
Euro rises and reaches 1.07 dollars
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At 5:55 pm (Lisbon time), the euro was trading at 1.0700 dollars, compared to 1.0648 dollars on Monday.

The European Central Bank (ECB) set the euro exchange rate at 1.0674 dollars.

Business activity in the euro zone increased in April for the second consecutive month, after nine months of “constant decline”, although the expansion was “modest” and was “well below” the pace observed a year ago, it was announced today.

The advance in the PMI index for activity in the euro zone of the Hamburg Commercial Bank (HCOB), prepared by S&P Global and published today, stands at 51.4 points in April, the highest value in eleven months, plus 1.1 points than in March (50.3 points) and above 50 points, which separates growth from contraction.

The European currency traded between 1.0640 and 1.0709 dollars.

Currency…………….today………..monday

Euro/dollar…………1.0700……………..1.0648

Euro/pound………..0.86245………….0.86245

Euro/yen………….164.83……………..164.83

Dollar/yen…………154.80……………..154.80

EO (MC) // CSJ

Lusa/end

The article is in Portuguese

Tags: Euro rises reaches dollars

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