Euro remains stable against the dollar

Euro remains stable against the dollar
Euro remains stable against the dollar
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The European Central Bank (ECB) set the euro exchange rate at 1.0766 dollars.

The euro traded stable against the dollar this Tuesday, after it was announced that the volume of retail sales increased in March in both the euro zone and the European Union (EU).

At 5:57 pm (Lisbon time), the euro was still at 1.0770 dollars, when on Monday it was trading at 1.0774 dollars.

The European Central Bank (ECB) set the euro exchange rate at 1.0766 dollars.

During the session it was announced that the volume of retail trade grew 0.8% in March in the euro zone compared to the previous month, while in the EU it increased 1.2%, according to data released today by Eurostat.

In comparison with March 2023, the increase was 0.7% in the euro zone and 2% in the EU as a whole.

In Germany, exports increased 0.9% in March compared to the previous month and 1.2% year-on-year, while imports grew 0.3% compared to February and fell 3% compared to the same 2023 period.

In terms of monetary policy, Australia’s central bank decided to leave interest rates unchanged, in line with what was expected by the markets.

Currency…………this Tuesday…….Monday

Euro/dollar…………1.0770………………..1.0774

Euro/pound…………0.85976……………0.85765

Euro/yen………….166.39………………..165.82

Dollar/yen…………154.50………………..153.90

The article is in Portuguese

Tags: Euro remains stable dollar

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