untitled design

The negative effects of the euro exchange rate are being closely monitored – François Villeroy

The member of the Governing Council of the European Central Bank and President of the Bank of France, Francois Villeroy de Galhau, made a statement, collected by Reuters, highlighting that the negative effects of the euro exchange rate are being closely monitored.

Featured statements:

We will maintain favorable monetary conditions as long as necessary. “

“We remain clearly committed to the 2% inflation target.”

EUR / USD back below 1.2200

He EUR/USD it has seen a quick drop below 1.2200 following the previous comments, now trading around 1.2184, shedding 0.18% on the day.

.

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular