ECB Spokesperson: ECB does not target a particular exchange rate

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ECB Spokesperson: ECB does not target a particular exchange rate
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ECB Spokesperson: ECB does not target a particular exchange rate – by eren_fxstreet ECB CentralBanks

"However, we are always attentive to the impact of the exchange rate on inflation, in line with our mandate for price stability," the spokesperson added in an emailed statement, as reported by Reuters. EUR/USD stays on the back foot after this statement and was last seen losing 0.2% on the day at 1.0016.

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