Baku 14° C
German Chancellor’s statement causes sharp decline in EUR rate
Finance
- 29 October, 2018
- 12:43
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 29 October. REPORT.AZ/ German Chancellor Angela Merkel’s statement about not putting forward candidacy for leadership of her party has caused sharp decline in the exchange rate of EUR.
Report informs citing Turkish media that USD/EUR rate fell to 1.1369 for the first time.
Interesting enough, the USD rate against TRY also declined. The TRY/USD rate was 5.62 last week while 1 USD was TRY 5.65 after Turkish Central Bank’s decision about interest rate on October 25. Note that the fourth inflation report of 2018 is expected to be announced by end of this week.
Author
Latest News
23:57
Bulgarian Air Force fighter jets escort two passenger planes following bomb threats
Other countries
23:49
Hakan Fidan: Türkiye will continue to defend rights and interests of Northern Cyprus
Region
23:25
Donald Trump appoints Stephen Miller as White House chief of staff
Other countries
23:21
Unknowns attempt to set French school on fire during classes
Other countries
22:59
Photo
SOCAR and Honeywell Technologies sign Global Framework Agreement
Energy
22:38
FT: Europe threatened with new wave of attacks on transport
Other countries
22:34
Photo
Official reception to mark Azerbaijan's Victory Day held in Serbia
Foreign policy
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy