ECB's Nagel: Role of the Euro will become stronger as a reserve currency over the next few years

Source Fxstreet

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel is speaking at a panel discussion at the New Economy forum in Madrid on Wednesday.

Key takeaways

  • Dollar is very important for the world financial system.
  • But the role of the Euro will become stronger as a reserve currency over the next few years.
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