PODCAST · business
Jana's Podcast
by Jana
The euro is having a rough time in 2022, with its value dropping 8.80% against the US dollar since February - an unwelcome reversal after months of stability! In September, the euro made a historic drop to levels unseen since 2002. This astonishing slide was caused in part by the shutdown of Nord Stream 1 - an energy source powering much of Europe's economy - leaving many wondering what might be next for the eurozone. After a period of turbulence on the currency market, the ECB provided some much-needed relief when it upped interest rates for another consecutive month. This gave people hope and restored confidence in the euro, sending its value soaring yet again.
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ABOUT THIS SHOW
The euro is having a rough time in 2022, with its value dropping 8.80% against the US dollar since February - an unwelcome reversal after months of stability! In September, the euro made a historic drop to levels unseen since 2002. This astonishing slide was caused in part by the shutdown of Nord Stream 1 - an energy source powering much of Europe's economy - leaving many wondering what might be next for the eurozone. After a period of turbulence on the currency market, the ECB provided some much-needed relief when it upped interest rates for another consecutive month. This gave people hope and restored confidence in the euro, sending its value soaring yet again.
HOSTED BY
Jana
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