Euro is the official currency in 18 countries "Eurozone". He controls her European Central Bank, which is able to influence the course towards other currencies. However, this is just one of the reasons for changing the cost of the euro. This issue is interested in many people: ranging from businessmen and ending with ordinary citizens who have nothing to do with this currency.
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The euro is capable of changing every day, every minute, hour and second. In order to understand why this happens, it is necessary to consider this situation from different sides. There are the following reasons that can affect the changes in the euro course, namely its height: the features of the laws of the market economy in the currency market; Currency interventions of the Central Bank; influence of news; The real state of the Russian economy.
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The effect of market laws on the growth or decline of the euro is that they are sold and purchased at favorable terms and prices. This means the following: Suppose, is offered on the market 1,000,000 euros at a certain price, for example, 50 rubles. For 1 euro. 200,000 euros bought out, it turns out that by 20% the number of euro decreased. Proposals are left to sell 800,000 of this currency. Next, sellers will be offered to buy a currency at the same price (50 rubles per 1 euro), it will be sold until its shortage arises. After that, the price of the currency will grow. Also, if the euro is a lot on the market, then the cost falls, since it is necessary to sell it at least any price.
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The situation can be considered on the other side. Currency interventions of Central Bank also affect the growth of the euro. In recent years, as you know, there were almost no big changes in the course in relation to the ruble, or if they were, then quickly returned back. This is an explanation: the thing is that the Central Bank constantly controls and regulates the course, buying euro when it has a low price, or vice versa bumps rubles with a small cost, selling euro. In 2014, the euro rose sharply, and the reason for this was the reluctance of the Central Bank to regulate the exchange rate. The financial organization will not be able to control the ruble exchange rate, since it entered the international arena, which means that the ruble will be traded not only in Russia, but also with other currencies. The exit of the ruble on the international arena will sooner or later show the real state of the Russian economy.
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The answer to the question "why euro grow?" There may also be devaluation, which consists in artificially increase the value of this currency by the EU countries to avoid the crisis in own countries and fluctuations in oil prices.
Today, the situation with the euro is in its favor, the investment attractiveness of the currency contributes to this, since more and more people seek to invest in it, and the complex political and economic situation in the European Union. Russia has changed politics and takes measures to equalize the situation, buying rubles and selling foreign currency.
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