ECB: The Euro Is and Will Remain a Strong Currency

Despite its recent slide against the dollar, the euro is and will remain a strong currency, European Central Bank Governing Council member Christian Noyer said Wednesday.

“The euro is and remains a strong currency,” Noyer stressed. “Its purchasing power is optimally protected, simply because the ECB has the duty to preserve price stability….And, we will also continue to do that,” he assured. “That is decisive and the euro will remain a strong and stable currency because of this reason.” iMarketNews

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