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Mario Draghi: Exchange rate is not a policy target for the ECB

European Central bank president says the exchange rate is not a target, but admits it is important in the central bank’s assessment of price stability

By Richard Nehme | Feb. 19, 2013 10:34 GMT
Euro continues to benefit from weaker USD
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International news

Washington day in the US meant that the US markets were closed for a public holiday. EUR/USD traded within a very tight range of 58 pips yesterday, hitting highs of 1.3379 against lows of 1.3321, with the Eurozone being the only active trading zone for yesterday markets would have had thin trading [...]

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Alaska seafood employment saw dark days in 2023

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Pacific Seafood logo

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