It was also a bellwether of sorts. Immediately afterwards saw a period of turbulence for both currencies, but while the Swiss franc spiked in value before settling into new normal ranges, the euro has simply plummeted. From a onetime high of €1.60 against the dollar, last Friday a euro bought 71 pence sterling and $1.05.
So far, as far as Irish companies are concerned, that’s good news. Iseq index stalwarts such as Glanbia, Kerry, ICG, Kingspan, CRH,...
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