Swinging euro worries Bundesbank chief Welteke

Bundesbank chief Ernst Welteke has said the euro is at around its long-term average but abrupt swings in the exchange rate with the dollar could harm the global economy.

Source: RTE News

Bundesbank president Ernst Welteke has warned that abrupt swings in the euro-dollar exchange rate could harm the global economy.

Welteke told Bloomberg TV that the euro's rate against the dollar was currently at around its long-term average.

'But if abrupt adjustments occur then that would muddle up output relations

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.