Christine Lagarde, president of the Central European Bank (ECB), He reiterated on Wednesday that strong political support will continue to provide a bridge over the pandemic and well into the economic recovery, Reuters reported.
“The ECB is committed to preserving favorable financing conditions during this period,” Lagarde added.
Market reaction
These comments do not appear to have a noticeable impact on the performance of the shared currency against its main rivals. At the time of writing, the pair EUR/USD it was virtually unchanged on a daily basis at 1.2212.
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