Looking at the evolution of the euro exchange rate in the global market, the EUR/USD index is currently at 1.0969, down 0.0004 points (0.0365%)
compared to the previous trade. Over the past year, other European Union governments have imposed similar taxes on banks. European governments are under tremendous pressure to help those struggling with rising housing and energy costs. On the other hand, banks around the world have 'followed' the central bank's policy of raising interest rates by charging higher lending rates, and have made huge profits.
Italy's finance ministry said the top tax cap is capped at 0.1% of a bank's total assets. But recent taxes have been geared toward consolidating government bonds, especially in countries where interest rates have risen fastest, such as Hungary and the Czech Republic, and in some euro zone countries. Uses Euro (Eurozone).