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11-09-2020, 06:59
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ECB's Villeroy: ECB does not target the exchange rate
Comments by ECB governing council member, Francois Villeroy de Galhau- But exchange rate obviously matters for inflation and monetary policy- We will monitor developments in the exchange rate with regard to its implications for the medium-term inflation outlookThis more or less echoes sentiment from yesterday via Lagarde's press conference, so this isn't really anything new
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