Exchange Rates: Outlook

February 2012
France Country Monitor;Feb2012, p11
Country Report
The article presents an outlook and information on the developments of exchange rates in France. It notes that the euros will be soft though the early months of 2012 as Greece undergoes a sovereign debt restructuring and as the European Central Bank (ECB) reduces interest rates. The contribution of some improved Eurozone economic data in rallying the euro to trade back up around 1.31 dollars is also mentioned.


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