The nominal effective exchange rates of the euro condense bilateral exchange rates against multiple countries into a single index. As an aggregate, they capture changes in euro exchange rates against various groups of currencies of key trading partners.

This is where users and payment service providers discuss current developments.

Das Direktorium der Europäischen Zentralbank (EZB) hat die leitenden Führungspositionen von drei Generaldirektionen der EZB neu besetzt. Roland Straub wurde zum Generaldirektor Geldpolitik, Christophe Kamps zum Generaldirektor Internationale und europäische Beziehungen und Petra Senkovic zur Generaldirektorin Rechtsdienste ernannt.

Prices of commercial real estate – especially office and retail buildings in Germany’s seven major cities – have risen in previous years. Accordingly, net initial yields have dropped noticeably.