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Foreign exchange: Euro just over 1.13 US dollars

Wednesday, 12/29/2021 7:34 AM from

dpa-AFX

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FRANKFURT (dpa-AFX) – The euro struggled to hold above $ 1.13 on Wednesday. The common currency moved little in the morning and was last listed at $ 1.1304. The European Central Bank had set the reference rate the previous day at 1.1331 (Monday: 1.1312) dollars (dollar rate).

On Tuesday, the euro rate slipped just below $ 1.13 in continued quiet trading, but was able to recover quickly. The common currency recently benefited from the positive mood on the European financial markets. On Wednesday, however, the stock rally could take a break towards the end of the year. Accordingly, stock exchange traders also spoke of a restrained exchange rate reaction of the euro./la/jha/

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