Exchange Rate in Italy

Italy Exchange Rate | Economic News & Forecasts

Italy - Exchange Rate

A preliminary release showed the economy gained steam in Q2, after expanding slightly in Q1. Both the domestic and external sectors contributed positively to the print, benefiting from lighter restrictions at home and abroad. Notably, retail sales growth clocked a 20-year high annually in the quarter. Moving on to Q3, despite a rise in new Covid-19 cases at the outset of the period leading to the reimposition of some restrictions, the composite PMI reached an over three-year high in July amid improvements in both the manufacturing and services sectors. Likewise, sentiment rose in July–August, with optimism among firms hitting a series-record high, while consumers turned less upbeat. Meanwhile, on 20 August, Scope Ratings changed Italy’s outlook to stable from negative, citing resolute European institutional support through monetary policy, and the current stable government.

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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