© Reuters. The euro changes somewhat above $ 1.12
Frankfurt (Germany), Nov 25 (.) .- The euro has changed this Thursday somewhat above 1.12 dollars, in a quiet negotiation of low turnover in the foreign exchange market because in the US the markets are closed for be celebrated on Thanksgiving.
The euro was trading at around 16.00 GMT at 1.1210 dollars, compared to 1.1195 dollars in the last hours of the European currency market trading the previous day.
The European Central Bank (ECB) set the benchmark exchange rate for the euro at $ 1.1223.
The minutes of the ECB’s monetary policy meeting at the end of October have given no clue as to what it will do.
The minutes of the Fed’s last monetary policy meeting in early November showed that some members were prepared to reduce monetary stimulus faster so that they could raise interest rates sooner if inflation exceeds its target.
The German economy maintained the recovery observed in summer, growing by 1.7% between July and September, after increasing by 2% in the second quarter compared to the previous three months.
The single currency was traded in a fluctuation band between $ 1.1200 and $ 1.1231.
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