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Euro strength is a source of uncertainty: Draghi

He tells a news conference following the ECB's regular policy meeting that pumping money into the eurozone economy is still necessary in order to boost inflation

Published Thu, Jan 25, 2018 · 09:50 PM

ECB

Frankfurt

THE euro's recent rise on foreign exchange markets is a source of uncertainty for the eurozone's inflation outlook and European Central Bank policymakers, ECB president Mario Draghi said on Thursday.

The common currency has rallied 5 per cent against the US dollar in recent weeks, complicating the ECB's path out of its massive stimulus programme by threatening to curb a tepid recovery in eurozone inflation.