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The European economy causes distrust of the euro from the Central Banks of the countries



Countries prefer the British pound.



04.Apr.17 3:44 AM
By Swan
Photo Toinnov.com

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The European economy causes distrust of the euro from the Central Banks of the countries

Central banks of some countries began to actively get rid of assets in the euro, others began to reduce this amount. At the same time, the most active actions were noted in countries with developing economies.

The reason for this was the modern unstable economic and political situation in Europe. In the near future in a number of EU countries there will be regular elections, which can also greatly weaken the stability of the eurozone.

Against the backdrop of all this, countries began to give more preferences to the British economy by investing in their assets the British pound. Despite the fact that until the end there is no certainty with the plan for Britain's withdrawal from the European Union, this did not affect the attractiveness of the national currency in the long term.

Still, the most attractive for preserving funds, Central banks consider the US dollar. It is worth noting that the recent presidential elections in the US, did not affect this factor.




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