Tag Archives: euro

In the new year, Croatia will become the latest country to join the Eurozone and the Schengen area, a move that European Commission president Ursula von der Leyen says makes the European Union stronger. As of Sunday, the country will “join a community of 347 million Europeans who use the …

Sterling gained in volatile trading on Thursday, as the U.S. dollar fell against some currencies, with investors taking comfort from the Bank of England’s purchase of long-dated bonds to stabilize the market. The pound rose 1.4% to $1.1034. After hitting a fresh 37-year low of $1.0327 three days ago, sterling …

The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as the market looked ahead to a central bank rate decision on Friday. By 1453 GMT, the rouble had gained …

Turkey’s lira touched new lows against the dollar and euro on Friday, hamstrung by worries over more interest rate cuts despite high inflation, after President Tayyip Erdogan dismissed three central bank policymakers. Two of the three monetary policy committee (MPC) members ousted on Thursday were seen to oppose the bank’s …

Bulgaria’s efforts to set itself on a firm path to adopt the euro single currency have entered the “final stretch,” its central bank chief said. “Bulgaria is really very close to a strategic breakthrough on its path of European integration,” Bulgarian National Bank Governor Dimitar Radev said Tuesday at a …