IMF official says euro’s fall brings currency nearer to more balanced level
May 20th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A top IMF (International Monetary Fund) official said Wednesday that the euro’s recent falls bring the currency nearer to what should be considered a more balanced level for the medium term, suggesting the IMF doesn’t view the fall in the value currency as a threat to the global economy.