ECB’s Kocher: Stronger Euro could become a problem for exporters
Source Fxstreet
In an interview published in the Austrian newspaper, Oberoesterreichische Nachrichten, on Monday, European Central Bank (ECB) Governing Council member Martin Kocher said that "at the moment, I would not yet describe the exchange rate as a risk" when asked about the Euro-US Dollar rate.
There had recently been a "constant" appreciation of the Euro and "if the current trend continues, it could become problematic for export-oriented industry at some point,” Kocher noted further.
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