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Euro exchange rate falls below $1.30 for the first time since July 2013

Euro exchange rate falls below $1.30 for the first time since July 2013

The best immigration news regarding the Euro exchange rate falling below $1.30 for the first time since July 2013 can be found on the Worldway Immigration official website.

WorldWay Immigration5822 reads

Latest news from Worldway Immigration: The European Central Bank announced yesterday that it would lower its benchmark interest rate to near zero. Investors responded to the central bank's efforts to stimulate economic growth in the 12 eurozone countries, causing the euro exchange rate to plummet to its lowest level in over a year.
 
The euro-to-dollar exchange rate fell to $1.3050 on Thursday, marking the first time it has broken below the $1.31 threshold since July 2013. The euro exchange rate was at $1.3701 on July 1st.
 
The European Central Bank's triple interest rate cut decision caught the market by surprise and is undoubtedly the most aggressive measure taken by the central bank to date to support the struggling eurozone economy. For investors interested in purchasing property in Europe for immigration purposes, this is undoubtedly excellent news.
 
Worldway Immigration Editor

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