India Forex has come out with its report on currencies
EUR/USD: EUR is currently trading at 1.3317 levels. Euro rebounded vs. the US Dollar amid risk appetite in the global mar-ket on news that EU officials are considering increasing the fire power of European Financial Stability Facility in order to con-tain the ongoing debt crisis. The proposal under consideration by EU officials is to insure buying around 20% to 30% of bond issuances from troubled EU countries. This move has likely taken place so that the confidence can be restored after last weekDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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