Exchange Rate in Italy

Italy Exchange Rate | Economic News & Forecasts

Italy - Exchange Rate

The pandemic and associated lockdown measures dealt a severe blow to the economy in the first half of the year. Industrial production crashed again in April which, coupled with a contractionary manufacturing PMI in May and abysmal business sentiment through June suggests protracted containment measures smashed private sector activity. Moreover, plummeting retail sales and another plunge in employment in April hint that household spending will take a considerable hit in Q2. Compounding matters, exports dived at the sharpest pace on record in April, highlighting extinguished external demand. On a more positive note, in early June the government lifted the bulk of remaining lockdown measures; moreover, strong demand for government bonds indicates the ECB monetary stimulus is supporting investor confidence.

Italy - Exchange Rate Data

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

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Italy Exchange Rate Chart

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

Italy Facts

Value Change Date
Bond Yield1.31-0.40 %Jan 01
Exchange Rate1.120.65 %Dec 31

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