The rise of the dollar to its highest level in 8 months
The rise of the dollar to its highest level in 8 months
27/07/2014 14:49
Agencies – The U.S. dollar rose to its highest level in eight months against the euro after weak data stoked about German business confidence concerns that affect the political tensions on the euro zone economy.
The Ifo Institute’s index fell for the investment climate in Germany, which is based on a monthly survey included about 7,000 companies to 180 points in July, the third consecutive monthly decline.
The price of the euro in the latest deal by 1.3429 dollars, down 0.27 per cent against the U.S. currency after that aired earlier trading to its lowest level in eight months 1.34210 dollars.
Against the Japanese currency the dollar was up 0.03 percent to 101.83 yen. Q, Q
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