Monday, July 20, 2015

The euro to dollar grows on optimism for Greece – RIA Novosti

MOSCOW, July 20 – RIA Novosti / Prime. The euro on Monday strengthened against the dollar on upbeat news from Greece, according to the auction.

At 14.04 MSK euro the dollar grew up to 1.0840 dollars from 1.0831 dollars per euro. The dollar against the yen increased to 124.21 yen per dollar to 124.07 yen per dollar. The dollar index (the dollar to a basket of six currencies of countries – major US trading partners) increased to 0.0% – up 98.01 points.

“In recent days, we have often seen the growth of the euro-dollar at the time the opening of European stock exchanges, but so far the euro could not have been strengthened in the second half of the day “- leads the agency Bloomberg words Commerzbank currency strategist Reichelt Esther (Esther Reichelt).

Earlier Monday, Greece’s EU listed bridge loan to 7.16 billion euros to repay debt to the IMF and the commission payment to the ECB, which, according to the schedule, to be held July 20.

Reuters referring to the representative of Greece Ministry of Finance reported that the authorities have started the process of debt payments for a total of 6.25 billion euros. Greece would pay 4.2 billion euros as the principal and interest of the ECB. In addition, the authorities transferred tranche of 2.05 billion euros, the IMF, which the country had to transfer on 30 June. The country is also to repay a loan of 500 million euros in favor of the Greek Central Bank.

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