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International use of the euro increases
Euro’s share in global foreign exchange reserves rose by 1.2 percentage points in 2018 Role of euro also strengthened in debt issuance and remained stable as invoicing currency Policies for deeper economic and monetary union are key to supporting a further rise in international role of the euro The euro’s international role strengthened in 2018 and early 2019 reversing a declining trend in recent years. This was one of the principal findings in the latest annual report on The international role of the euro, published today by the European Central Bank (ECB). Adjusting for exchange rate valuation effects, the ... (full story)
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