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Sharp decline in the euro index last month

2022-10-03T15:08:26.885Z


Rome, SANA- The Italian Central Bank announced a drop in the value of the single European currency, the euro, last month


roma-sana

The Italian Central Bank announced a decline in the value of the single European currency, the euro, last month.

And the Italian agency Aki quoted the bank as saying in its monthly bulletin: “The euro fell in September to 0.73 from 0.23 last August, putting itself in a negative state for the first time since September 2020.”

The bank explained that the decline in the index reflects a simultaneous and decisive aggravation of several determinants, in particular the decline in consumer and business confidence in the region, in addition to the decline in industrial production.

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Source: sena

All business articles on 2022-10-03

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