European Central Bank Governing Council member Ewald Nowotny: the exchange rate of the euro is not the target of the ECB’S stimulus measures

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11 May 2016

European Central Bank Governing Council member Ewald Nowotny: the exchange rate of the euro is not the target of the ECB’S stimulus measures

European Central Bank (ECB) Governing Council member Ewald Nowotny said in a speech on Wednesday that the exchange rate of the euro was not the target of the central bank's stimulus measures. He also said that helicopter money could not be implemented in the Europe, adding that was little more than a "fantasy discussion" in the Eurozone.

Gold prices rose today

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