Exchange Rate in Greece

Greece Exchange Rate | Economic News & Forecasts

Greece - Exchange Rate

High-frequency data suggests that GDP bounced back in annual terms in Q2. Firming retail sales growth in the first two months of the quarter and a falling unemployment rate in Q2 suggest that consumer spending gained steam. Moreover, industrial production came in above Q1’s average in Q2, which, coupled with a markedly higher manufacturing PMI on average in the period, points to healthier private sector activity. A similar story unfolded on the external front, with goods exports soaring in the quarter, likely on the back of the reviving tourism industry. Turning to Q3, activity is expected to cool—partly due to a fading base effect—but it should remain strong nonetheless, as evidenced by improved economic sentiment and an upbeat manufacturing PMI in July. However, destructive wildfires across the country since early August and record-high Covid-19 cases bode ill for the recovery.

Greece - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)-     -     -     -     -     

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Greece Exchange Rate Chart

Greece Exchange Rate
Note: U.S. dollar (USD) per euro.
Source: Thomson Reuters.

Greece Facts

Value Change Date
Bond Yield1.910.76 %Jan 01
Exchange Rate1.120.65 %Dec 31

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