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Draghi comments send euro to lowest level since 2010
The value of the euro has fallen to its lowest level since the middle of 2010, following comments from Mario Draghi, the president of the European Central Bank (ECB). In a newspaper interview, he hinted again that the bank might soon start a policy of quantitative easing to try to stimulate the eurozone economies. The aim would be to stop the continued fall in the general level of prices. The euro fell 0.4% to $1.2034 after Mr Draghi's comments were made public. Recently, the official eurozone inflation rate has fallen to just 0.3%. 'Making preparations' To stop deflation - falling prices - gaining a grip on the ... (full story)
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