The European Central Bank has raised interest rates for the tenth time in a row.
According to media reports, the interest rate has been increased by 25 basis points, after which the interest rate in Europe has reached 4 percent.
This increase in the interest rate has been done to curb the increase in the prices of consumer goods and thus the European interest rate has reached the highest level.
After this move by the European Central Bank, the value of the Euro was seen to fall.
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