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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

Mr Draghi has said in a letter that exchange rate shifts are a side effect, not the objective, of ECB policy.


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...

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