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PRESS RELEASE
The ECB confirms intervention in the exchange markets
3 November 2000
The ECB has intervened today in the foreign exchange market owing to its concern about the global and domestic repercussions of the exchange rate of the euro, including its impact on price stability. The ECB confirms its view that the external value of the euro does not reflect the favourable conditions of the euro area.
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Europeiska centralbanken
Generaldirektorat Kommunikation och språktjänster
- Sonnemannstrasse 20
- 60314 Frankfurt am Main, Tyskland
- +49 69 1344 7455
- media@ecb.europa.eu
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