why euro so strong - The World of Marketing

why euro so strong. Bloomberg L.P.: Strong Euro Is Element That Will Guide ECB Policy, Villeroy Says The European Central Bank is closely watching how an appreciating euro is affecting inflation and will consider the impact when setting monetary policy, according to Governing Council member Francois ... The New York Times: As the Dollar Slides, the Euro Is Picking Up Speed

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The euro (symbol: €; currency code: EUR) is the official currency of 21 of the 27 member states of the European Union. This group of states is officially known as the euro area, more commonly named the eurozone. The euro is divided into 100 euro cents. [7][8] The euro is the monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on . The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

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why euro so strong.