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MNI BRIEF: ECB Says Monitoring Euro For Effect On Prices

(MNI) Brussels
(MNI) Brussels

The European Central Bank is monitoring the euro exchange rate for its feedthrough to inflation, a spokesperson said Wednesday.

“The ECB does not target a particular exchange rate. However, we are always attentive to the impact of the exchange rate on inflation, in line with our mandate for price stability,” the spokesperson said.

MNI Brussels Bureau | david.thomas.ext@marketnews.com
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MNI Brussels Bureau | david.thomas.ext@marketnews.com
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