Noyer: New Rate Level In Line With Price Stability

FRANCE - European Central Bank Vice President Christian Noyer Thursday 6 Sep hailed the euro's strengthening trend over the past several weeks, while at the same time downplaying its fall back below $0.90 this week.

"The strength of the euro of the past few months is a factor that we very much welcome," Noyer told a conference organised by HSBC CCF Securities. He noted that the stronger the euro is over the medium term the better it is for the ECB in terms of maintaining price stability, the c