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Tag: euro gaining popularity

Euro is back on the scene for global central banks

Posted on March 7, 2024 By admin
Euro is back on the scene for global central banks

Tipping points: U.S.’s rivalry with China, Ukraine war fuel talk of moving away from the dollar. | Photo Credit: AFP Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers on a return to positive rates and geopolitics challenging dollar’s appeal. About one in five of the 75 central…

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