The Euro after a referendum in Italy fell to the lowest level in 20 months


The Euro against the U.S. dollar on the background of the defeat suffered in the referendum in Italy, the supporters of the constitutional reforms and the resignation of Prime Minister Matteo Renzi, fell to a 20-month low, reports Reuters. During the trading value of the Euro dropped to $1,0506 that by 1.48% below the closing level of the previous trading session. The Euro is not so cheap cost from 16 March 2015, when the rate fell to $1,0456.

Reuters analysts say that the decline of the Euro was the strongest since June 2016 and may open the way to a drop below the low of March 2015.

On the Moscow exchange rate of the Euro against the ruble on December 5 dropped to 67,58 RUB, 0.84% below level of closing of Friday’s trading. At the same time, the dollar / ruble exchange rate is growing, reaching at the maximum level 64,115 RUB.

The main stock indexes in Europe after the opening of trading on December 5 is also reduced. In particular, the German DAX at the minimum have lost 1.25%, French CAC40 — 1.55%, and British FTSE100 was 1.1%, the Italian FTSEMIB — of 1.18%.

The main stock indexes of the Moscow exchange in the morning of 5 December are in the green zone. By 10:35 GMT the ruble-denominated MICEX index has grown on 0,23%, “dollar” RTS — on 0,16%.

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