© Reuters. The euro gives way and falls below $ 1.3
Berlin, Jan 6 (.) .- The euro struggled this Thursday to stay in the 1.13 dollar band, which it managed to defend in recent days, in a tumultuous day in which it finally fell below and lost 0, 13%.
The European currency was changed at around 16.00 GMT at 1.1296 dollars, compared to 1.1339 dollars in the last hours of the European currency market trading last Wednesday.
The European Central Bank (ECB) set the euro’s benchmark change at $ 1.1315 on Thursday, compared to $ 1.1319 on Wednesday.
The Federal Statistical Office of Germany (Destatis) reported today that the average rate of inflation in 2021 stood at 3.1%, which is the highest level for the German country since 1993.
Concern about the expansion of the omicron variant continued to weigh on investment sentiment, in a week in which several European countries take measures to protect essential services against the foreseeable rise in infections.
On the other hand, the fear of a faster rise in interest rates in the United States was also noted, after the publication of the minutes of the last meeting of the Federal Reserve, which also dragged down the shares of the 40 in Frankfurt .
The single currency moved today in a fluctuation band between the low of 1.1285 and the high of 1.1332 dollars.
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