Home ECB’s Rehn: FX rate not a policy target but has an impact

ECB’s Rehn: FX rate not a policy target but has an impact

Updated: 15 Dec. 2020 | 10:47

Commenting about the euro’s exchange rate, the European Central Bank (ECB) Governing Council member Olli Rehn said on Tuesday.

Additional comments

“PEPP envelope not a target but a ceiling for now.”

“Will take market conditions into implementation.”

“Monitoring fx very closely.”

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