Hope for Euro's Stability

European Central Bank (ECB) Vice President Luis de Guindos shared his optimism on Wednesday regarding the euro's exchange rate stabilization. He emphasized the importance of monitoring the situation closely without setting specific reference levels, hoping it would no longer negatively affect the Eurozone's economic growth.

Global Reserve Currency Potential

De Guindos also highlighted the euro's potential to become a global reserve currency, provided the ECB takes swift and decisive action. This remark underscores the currency's significance on the world stage and the ECB's role in its future.