Sitemap

Euro At Its Lowest Level Against Dollar In The Last Two Decades

CorD Recommends

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more...

Miroslav Lajčak Appointed New EU Ambassador to Switzerland

Miroslav Lajčak, formerly the Special Representative for...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

Global Debt Reaches Historic Highs, WEF President Warns

Børge Brende, President of the World Economic Forum (WEF), delivered a stark assessment of the global economy at the...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Miele Opens First Experience Centre in Novi Sad Amid 125th Anniversary Celebrations

In a year marking its 125th anniversary, Miele has inaugurated its first Experience Centre in Novi Sad, enhancing its...

Nelt Group Announces Executive Appointments

Nelt Group has introduced significant organisational changes to bolster its business strategy "Accelerate 2025," appointing Goran Cerovina as Executive...

The value of the dollar recorded a strong growth in the world markets since the American central bank (Fed) has again increased interest rates, so the euro exchange rate touched the lowest level in the last 20 years, far below one dollar.

The dollar index, which measures the movement of the US currency in relation to the other six most important world currencies, rose 3 per cent last week to 112.96 points, and at one point, for the first time in two decades, broke above 113 points.

At the same time, the dollar against the euro jumped 3.2 per cent, which caused the price of the euro to fall to $0.9690, the lowest level since 2002. The dollar exchange rate, however, weakened against the Japanese currency by 0.3 per cent to 143.30 yen

Read more...

Euro At 20-year Low, Worth Less Than Dollar

The euro hit a two-decade low against the dollar at $0.9930, stoking fears that the energy shock will keep inflation high and make a...

Price Of Gold Soars Above 1,800 Dollars

The price of gold soared in trading on the Comex exchange, a part of the New York Mercantile Exchange, above $1,800 per ounce for...

Related Articles

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next four years, out of the...

TikTok Faces Potential US Ban

President Joe Biden has endorsed a new law that threatens to ban TikTok in the US unless its parent company, ByteDance, sells the app...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious reduction targets of up to...

Miroslav Lajčak Appointed New EU Ambassador to Switzerland

Miroslav Lajčak, formerly the Special Representative for the Belgrade-Pristina dialogue, has been appointed as the new EU Ambassador to Switzerland. This announcement was part...

1938 Superman Comic Sold for Record $6 Million

A 1938 comic book featuring the first appearance of Superman was sold for a record $6 million to an anonymous collector, announced by the...

White House Calls for Lunar Time Zone

The White House has requested that NASA create a new time zone for the Moon by the end of 2026, as part of a...

EU and EP Finalise €6 Billion Support for Western Balkans

The European Parliament and the Council of the European Union have finalised a deal to provide an additional six billion euros in aid and...

Comment

Balancing Progress and EU Alignment

Serbia’s digital transformation, which has been spearheaded by Ana Brnabić, has achieved remarkable progress, but still requires swift harmonisation with EU regulations to ensure...