Tag Archives: Bank of France

Renault announced Friday, October 21, that its sales rose to 9.8 billion euros ($9.57 billion) in the third quarter, in line with analyst expectations, as price increases allowed the company to achieve revenue growth despite a decline in car sales from the previous year. The French automaker said overall revenue …

French carmaker Renault on Tuesday reported a decline in its car sales in the first half of 2022 after shutting down its activities in Russia, its second-largest market, following the invasion of Ukraine. The group said its worldwide sales fell 29.7 percent compared to last year, to just over one …

The Bank of France announced on Tuesday that it cut the growth forecast for 2022 to 2.3% from 3.4%. In 2023, the central bank expects the French economy to expand by 1.2%, compared to 2% in its previous forecast.The EUR/USD pair reacted by losing its traction and erased a portion …