Dollar exchange rate reached 11-year high

Dollar exchange rate reached 11-year high For the last 5 days the US dollar against the Japanese yen peaked since 2004
Finance
January 17, 2015 15:22
Dollar exchange rate reached 11-year high

Baku. 17 January. REPORT.AZ/ According to the Swiss National Bank, the dollar reached a 11-year high. Last time the euro in relation to these currencies fell in July 2012 to minimum. Report informs referring to Spiegel, the head of the European Central Bank Mario Draghi said that at a briefing with German officials.

According to information for the last 5 days the US dollar against the Japanese yen peaked since 2004.

Head of the global strategy of foreign currency Bank of Montreal Greg Anderson in an interview with Reuters said that this is only part of the history of the dollar: 'Search for other alternatives is not attracting: yesterday all realized that next week the European Central Bank will act more aggressively'.

Approximately 63% of foreign exchange reserves in the world are kept in dollars. As of this morning, in New York, the dollar against the euro rose by 0.6% and 1 euro was worth 1.1567 dollars, which since November 2003, is the lowest limit for the European currency.Then the euro is exchanged as 1.1460 dollars.

Swiss Franc against the euro fell by 1.9% amounting to 99.41, and against the dollar - by 2.3% - up to 85.87.

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