Sentence examples for euro rate from inspiring English sources
This week it was offering a euro rate €1.216, making it not quite the best deal, but very competitive.
Think Sicily (020-7377 8518, thinksicily.com) has seven nights from €330pp, based on seven sharing (euro rate is fixed at 1.30).
Worldhotels, a marketing and distribution group for independent hotels, is offering a Stay in Europe, Pay in Dollars deal at more than 50 of its hotels that allows travelers to pay the listed euro rate in dollars.
Company's share price is down 2.7%pic.twitter.com/2BJ0ArGHLUU May 20 , 201411.26am BST EU accuses HSBC, JP Morgan and Credit Agricole over euro rate fix Another development in the interest rate benchmark fixing scandal -- antitrust regulators in Brussels have just brought preliminary charges against HSBC, JP Morgan and Credit Agricole.
As neither country plans to loosen its fiscal stance if anything, Germany plans to crunch its budget deficit even more this year a single monetary policy is thus likely to give their economies an untimely knock.For the periphery, a euro rate of 4% implies sharply lower interest rates.
If China and other Asian economies continue to resist appreciation in their currencies, then that could imply a euro rate of more than $1.60.Roses and thornsNevertheless, despite the recent rise in its currency, the euro area is widely tipped to enjoy an economic recovery in 2004.
"Our regulars are already suffering because as soon as talk of the referendum started the euro rates went down, so people getting their money from Britain get less.
A bigger immediate threat is that a Greek exit from the euro – rated as a 50-75% probability by Citigroup – will have a domino effect on Portugal, Spain and Italy.
But Greek interest rates have 800 basis points further to fall to converge with euro rates, in roughly a year when Greece will adopt the euro.
The European Central Bank is expected to raise interest rates to 4.25%, from 4.0%, widening the gap between dollar and euro rates.
(See "Euro Rates Drop: Now What?") Given that the euro zone does not have one supranational government bond, it could be tricky, but Royal Bank of Scotland economist Jacques Cailloux said the ECB had to start preparing for such measures imminently.
