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Global Role of Euro Stuck in Neutral, ECB Report Finds
7 Articles
7 Articles
The ECB hopes that the euro will become ever more important, but so far, other currencies have benefited from the fall of the dollar.
A sober report on the role of the Eur - Commerzbank - World Stock Market
Some ECB officials, including president herself, have not recently hidden her ambitions to establish the euro as the new world reserve currency, says Thu Lan Nguyen, head of currency research and raw materials of Commerzbank. The US sanctions policy can endanger the USD refuge status “However, the report that the Central Bank published recently on the international role of the euro will probably bring disappointment. Here an interesting developm…
The euro defended its role as the world's second most important currency in 2024. The international role had remained stable, the European Central Bank (ECB) announced in Frankfurt on Wednesday. The share of the euro in the world's official foreign exchange reserves was adjusted for exchange rate changes little changed at 20 percent. A reserve currency is a globally important currency, which is also held by other central banks.
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