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The euro saw a slight improvement on the second day of the aggression against Ukraine

This content was published on February 25, 2022 – 16:49

Berlin, February 25 (EFE). – The euro saw a slight rise on Friday after it fell sharply due to the panic that arose after the invasion of Ukraine, and from the European afternoon it began to rise until the close of the day with gains of about 0, 5%.

The euro was trading at $1.1237 by 4pm GMT, versus $1.1120 in late European forex trading the previous day.

The European Central Bank (ECB) set the reference exchange rate for the euro at $1.1216.

Investors, concerned about the situation in Ukraine and the impact of the EU round of sanctions on Russia, preferred to continue betting on the Japanese yen, while the dollar also fell.

European finance ministers are currently refusing to include Russia’s separation from the SWIFT payment system in the sanctions catalog due to the impact of this measure on the economies of the eurozone.

The single currency was trading in a fluctuating range between 1.1166 and 1.1267. EFE

cph / psh

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