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>> EUROPEAN CENTRAL BANK Latest News

JAN 26, 2013 - Yahoo! News

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ECB's Asmussen warns against unilateral forex moves

FRANKFURT (Reuters) - European Central Bank Executive Board member Joerg Asmussen called for international cooperation to address the current debate about competitive currency devaluation, saying central banks are not the ones to solve structural problems. Policymakers in advanced countries, particularly Japan and the United States, have been acting aggressively to reflate their economies, which has the effect of weakening their currencies. ...

Tags: ECB's Asmussen warns against unilateral forex moves,  European Central Bank Latest News