PDA

View Full Version : Bini Smaghi Says ECB Can Intervene in Currency Market - Bloomberg



NewsWhore
04-06-2009, 07:50 AM
<img alt="" height="1" width="1">
Bini Smaghi Says ECB Can Intervene in Currency Market (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaXNFbsUmuKyI%26refer%3Dhome&cid=1327704923&ei=4d_ZSfq8LYeUMpjK6Z8G&usg=AFQjCNHGpdkHUFU9Ue7vBEJIJugWeDSVGQ)
Bloomberg
By Gabi Thesing and Meera Louis April 6 (Bloomberg) -- European Central Bank Executive Board member Lorenzo Bini Smaghi said the bank can intervene in the currency market if needed. “Exchange-rate markets are prone to episodes of overshooting and ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaXNFbsUmuKyI%26refer%3Dhome&cid=1327704923&ei=4d_ZSfq8LYeUMpjK6Z8G&usg=AFQjCNHGpdkHUFU9Ue7vBEJIJugWeDSVGQ)