Forecast: What to Expect from the Euro and Dollar in 2024
Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the future but also to reflect on past predictions by experts and evaluate their accuracy.
2022: The Beginning
Just as the world had adapted to living under coronavirus-induced quarantine conditions, war entered the planet’s life. Russia’s armed invasion of Ukraine in February 2022 and the ensuing anti-Russian sanctions exacerbated economic problems and spurred inflation growth in many countries, even those far from this region.
The proximity of EU countries to the conflict zone, their strong dependence on Russian natural energy resources, the nuclear threat, and the risks of…
