The euro exchange rate rose with the new trade agreement
On July 28, 2025, the Euro exchange rate rose slightly in international currency markets. This was reported by Zamin.uz.
This change is related to the new trade agreement signed between the USA and the European Union. This agreement is being evaluated as one of the most important events aimed at preventing global trade wars.
US President Donald Trump and European Commission President Ursula von der Leyen met in Scotland and announced the new trade agreement. According to the agreement, a 15 percent tariff will be imposed on products imported from Europe to the USA.
This rate is significantly lower than the 30 percent tariff previously indicated by Trump. Following this news, the Euro rose to 1.1753 against the US dollar.
Against the Japanese yen, the currency strengthened to 173.64, reaching its highest point in the last year. This marks the fifth consecutive day of growth for the Euro.
According to Trump's statement, Europe plans to invest approximately 600 billion dollars in the USA. Additionally, Europe will purchase more American energy and military products.
Some economists believe that this situation may increase the capital flow from Europe to the USA, potentially leading to a depreciation of the Euro in the long term
