16 January 2001, 14:28 Fabius says euro to continue appreciating at 'reasonable rate'
PARIS (AFX) - Finance Minister Laurent Fabius said the euro should
continue to appreciate at a "reasonable rate".
Speaking at a news conference in Paris, he said: "Considering the
economic situation in Europe and a certain weakness in the U.S., the
euro should appreciate. This appreciation will be at a reasonable
rate."
He declined to say how long it would take the euro to reach parity
with the dollar.
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