ECB's Liebscher doesn't rule out intervention

ECB Governing Council member Klaus Liebscher said Friday that foreign currency intervention by the ECB could never be ruled out but would not be discussed in public ahead of time.

Asked in an interview with Reuters whether the ECB would be reluctant to intervene on its own to stop the rise of the euro on the foreign exchange markets, he replied:

"It (intervention) is something which is never excluded. But don't talk about it beforehand, only talk about it afterwards."

Liebscher's comments were

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: