© Reuters. The euro rises to $ 1.13 amid uncertainty due to a new covid variant
Berlin, Nov 26 (.) .- The euro has changed this Friday around 1.13 dollars, on a day in which the markets suffered from fears about the expansion of the new variant of covid detected in South Africa.
The euro was trading at around 16.00 GMT at $ 1.1300, compared to $ 1.1210 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 $ 1.1291.
Good economic data from the US on Wednesday caused the single currency to depreciate below the $ 1.12 mark for the first time since mid-2020, although the euro managed to stabilize on Thursday.
This Friday, with the probability of the ECB raising interest rates by 0.1% in December 2022 falling to 50%, investors showed renewed interest in the government bonds of European states.
The course of the euro, as well as that of the Japanese yen and the Swiss franc, was boosted by the havoc caused in global markets by uncertainty in the face of the rapid expansion of the new coronavirus mutation, as well as by the decline in the price of the.
The single currency was exchanged in a fluctuation band between 1.1206 and 1.1303 dollars.
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