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MNI BRIEF: ECB To Monitor Exchange Rate: Lagarde

LONDON (MNI)

The European Central Bank will monitor the exchange rate "very carefully", President Christine Lagarde said Thursday, without pointing to any levels to watch.

Although not offering it up as an option to deal with forex rates, Lagarde said the ECB's interest rate suite remains part of the toolbox and can still be used if necessary.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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