close

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

Photo: Reuters
Premium

Photo: Reuters

The European Central Bank’s Isabel Schnabel started it. In February she flashed a chart showing how much the euro had weakened against the US dollar. Two months later, Bank of

Also Read

Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown

Dollar hits two-decade high against yen, pound near three-week low

Dollar heads for largest weekly fall in 8 months as longs lose faith

Euro rises despite French elections outcome as dollar retreats

US Dollar rises towards 20-year high, euro dips after weak data

Wall Street struggles for direction on growing recession fears

Crude takes fresh hit as fear of global slowdown scars commodities

Gold prices dip after US Fed chief pledges to keep up inflation fight

European gas futures gain as Germany sounds alarm over Russia disruption

Global stocks, oil and copper fall as investors expect Fed rate hike

First Published: Jun 23 2022 | 8:55 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com