Bloomberg News

ECB’s Paramo Says ECB Defends Multi-Lateralism on Currencies

October 31, 2011

Oct. 31 (Bloomberg) -- ECB Executive Board member Jose Manuel Gonzalez-Paramo said the central bank defends “multi- lateralism” on currency policy as “unilateral interventions neither have a lasting effect nor are they good from the point of view of global stability.”

To contact the editor responsible for this story: Emma Ross-Thomas at erossthomas@bloomberg.net


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