RBS expects weakening of the euro against the dollar by year-end to 1.35

According to currency analysts Royal Bank of Scotland, Greece, the problem with the reduction of the budget deficit will continue to exert pressure on the European currency for some time. As noted in the bank, even if the immediate assistance of Greece is not required in the future the country can apply for assistance is not to the European Union and the International Monetary Fund. The bank's strategy is recommended selling the euro at the growth of foreign currency against the U.S. dollar. By year end, bank analysts continue to predict a weakening of European currencies against the dollar to a level of 1.35. Euro / dollar at the moment is trading at around 1.4044.