International News

Devaluation Of The Euro

Author : Bozhou Marine

Update time : 2022-07-22 06:08:27

Agence France-Presse said on the 18th, affected by high inflation and economic downturn, the European Central Bank this week will announce the first interest rate hike since 2011.
Analysts at Germany's Berenberg Bank said in a recent report that "the euro-dollar exchange rate is in free fall, with no bottom in sight yet."
Analysts say market participants have price targets for the euro between 0.98 and 0.90

If the future economic recovery of the euro zone is stagnant, the conflict between Russia and Ukraine leads to energy shortages, and inflation is not improved, coupled with the increase in import prices due to the depreciation of the euro, it cannot be ruled out that the European Central Bank will eventually adopt stronger policies. in response to a sharper depreciation of the euro.

www.bozhou-int.com

Previous : US FOREST FIRE

Next : Sri Lanka Declares Bankruptcy

Marintex China 2025

Dec .07.2025

Marintex China 2025, Dec 2nd -5th.

China's Import and Export Data

Nov .10.2025

Latest data released by China's General Administration of Customs on November 7 showed that in the first 10 months of this year, China's goods trade maintained a steady growth trend, with total import and export values increasing by 3.6% year-on-year.

Latest Progress of China-Europe Freight Trains

Sep .20.2025

China-Europe Express trains will remain closed at Polish border crossings.

2025 Chinese military parade

Sep .05.2025

On September 3, 2025, a grand ceremony to commemorate the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War was held in Tiananmen Square, Beijing.