Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Suggestions
Sort by
PRESS RELEASE

Statement by the President of the European Central Bank, Jean-Claude Trichet

21 July 2005

Today’s decision of the Chinese authorities is welcome. The International Community had considered such a move towards greater flexibility desirable for a better functioning of the global economy. I welcome this decision and expect the handling of the new managed floating exchange rate regime to contribute to global financial stability.

CONTACT

European Central Bank

Directorate General Communications

Reproduction is permitted provided that the source is acknowledged.

Media contacts