Exchange Rate in Luxembourg

Luxembourg Exchange Rate (aop) | Economic News & Forecasts

Luxembourg - Exchange Rate (average of period)

Recently released data revealed that the economy grew at the fastest pace in a year in the third quarter. Private consumption edged up in Q2 as a second round of wage-indexation measures, coupled with a low unemployment rate, boosted household incomes, while upbeat government spending further buttressed the overall expansion. That said, fixed investment dipped on escalating trade tensions and lingering Brexit uncertainties. Exports, meanwhile, rebounded in Q2, defying the wider European pullback. Turning to the third quarter, however, economic growth appears to have tapered off. Souring consumer sentiment in the quarter and falling retail sales in July suggest household spending softened in Q3. Moreover, business sentiment dipped deeper into negative territory in the quarter, hinting that, despite cheap credit, lingering uncertainties continued to thwart investment.

Luxembourg - Exchange Rate (aop) Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD, aop)1.33  1.33  1.11  1.11  1.13  

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Luxembourg Exchange Rate (aop) Chart

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

Luxembourg Facts

Exchange Rate1.100.65 %Sep 04
Stock Market5950.19 %Sep 04

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