In a rare break with his usual reticence on the subject
German Finance Minister Wolfgang Schaeuble suggested Friday the euro
was overvalued, dpa reported.
"The euro is a stable currency. Too stable and overestimated in
financial markets," Schaeuble, who was speaking at a Paris forum on
the future of the eurozone, said.
Trying to influence exchange rates would not solve competitiveness
issues, however, he warned.
France, which is struggling to compete with fitter European
economies, has been pushing for months for a weaker euro, saying its
current level is hurting exports.
Germany's position is that such matters are the sole domain of the
European Central Bank, the independence of which must be respected.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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