28 January 2004, 13:55 Germany's Clement says sure ECB monitoring euro
BERLIN, Jan 28 - German Economy Minister Wolfgang
Clement said on Wednesday he was confident the European Central
Bank was closely monitoring the euro's exchange rate and that he
had discussed the matter with ECB President Jean-Claude Trichet.
"I am sure, also after a short discussion with ECB President
Trichet, that this development will be very closely watched by
the European Central Bank," Clement said at a news conference in
Berlin.
"Overall, the opportunities are significantly bigger than
the risks compared with last year," Clement said. "Risks come
primarily from the development of the euro's exchange rate."//
© 1999-2024 Forex EuroClub
All rights reserved