ECB’s Weidmann Says Euro Not Seriously Overvalued

Devaluation doesn’t historically help competitiveness FX role in monetary policy only in terms of inflation ECB should not do any more to combat debt crisis ECB measures have stretched the central bank’s mandate Euro quickly pops above the European high of 1.3413. There are strong offers at 1.34…

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ECB’s Weidmann Says Euro Not Seriously Overvalued