Africa Links 24 with Staff Reporter
Published on 2025-06-06 11:01:05
Despite widespread expectations of a 25-basis point rate cut at the European Central Bank’s meeting today, the euro remains remarkably resilient, defying conventional financial logic and keeping pressure on global currency markets.
The euro-dollar exchange rate, a critical barometer of global capital flows, has surged more than 11% in the first half of 2025.
Ordinarily, such gains would be unlikely in the face of looser eurozone monetary policy and a widening yield gap with the…
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