Japanese national currency moderately become more expensive against dollar and euro on geopolitical risks - Ester Holdings

Japanese national currency moderately become more expensive against dollar and euro on geopolitical risks

Investing.com – In today’s Asian trading session, the US dollar exchange rate slightly changes in tandem with the euro, the yen is growing on news from Italy, increasing uncertainty about the political future of the country.

As of 9:20 Moscow time, the euro fell to $ 1.1619 against $ 1.1625 at the close of the last session.

The value of the single European currency is at this time around 126.61 yen compared to 127.19 yen on Monday.

For the dollar at 0:20 Moscow time, 108.98 yen were given against 109.42 yen the day before.

The indicator WSJ Dollar, which tracks the dynamics of the dollar against 16 major world currencies, decreased by 0.07%.

As reported, Italian President Sergio Mattarrell instructed the economist, former representative of the International Monetary Fund (IMF) Carlo Cottarelli to form the interim government of the country.

Earlier S. Mutarella refused to approve the list of members of the new government, handed over to him by Acting Prime Minister Giuseppe Conte. In turn, the head of the movement “Five stars” Luigi di Mayo called in this regard to announce the impeachment to the president of the country. The refusal to approve the list was negatively perceived by the leader of the “League” Matteo Salvini.

S. Mutarella explained that he did not approve the proposed composition of the government, as Paolo Savona, claimed by the sharp criticism of the EU and measures of tight budgetary economy, claimed the post of Minister of Economy. The President of Italy explained that he saw in this nomination a danger to the country’s economy.

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