The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Euro drops again after dovish ECB language

Published Sun, Dec 11, 2016 · 09:50 PM
Share this article.

New York

THE euro dropped on Friday for a second consecutive day in a continued reaction to the European Central Bank's extending its bond-buying programme longer than many had anticipated, even as the bank cut the size of the monthly purchases.

The ECB said on Thursday it would reduce its monthly asset buys to 60 billion euros (S$90 billion) starting in April from 80 billion euros currently and extend purchases to December 2017 from March 2017. It res…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here