Sep 12, 2000, 12:01 AM
News Code: 9056589
0 Persons
Euro Support To Pressure Under Bank Central European under was (ECB) Bank Central European The -- IRNA 12, .Sept London, is which euro, the of support in intervene to Tuesday pressure .lows record new to falling after plunge its continue to expected in overnight 8580.0 Dlrs to drifted currency single European The the repeated group G10 the in bankers central after trading US thin .fundamentals economic with line of out was rate euro's the that view the by saying quoted was Ireland of Bank the of O'Sullivan Niall the warranted weeks two past the in nothing that Tuesday Times Irish to have would markets the by that and dollar US the by gains .value euro's the of "reassessment fundamental" a undertake only but intervention, contemplate should ECB the that said He of Bank the US, the in Reserves Federal the of support the with .Australia of Bank Reserve the and Japan its since euro the support to yet has bank Frankfurt-based The cent per 26 by falling value its despite 1999, January in launch .17.1 Dlrs of rate introduction its from are economists leading some Times, Irish the to According likely is currency single the of value in plunge the that predicting .ahead weeks the in continue to that said has George Eddie England, of Bank the of Governor before out bottom would euro the believe bankers central European the in growth economic continued reflect to strengthening .Union HC/JH End