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Posted by
Two Blokes Jun 11 -
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Forex
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From the European Central Bank on the global use of the euro, in summary: Euro's share across various indicators of international currency use largely unchanged at around 19% Emerging challenges include initiatives promoting global use of cryptocurrencies Upholding rule of law essential for maintaining, and potentially increasing, global trust in the euro And (bolding is mine) international role of the euro remained broadly stable in 2024 euro held on to its position as the second most important currency globally global appeal of the euro is underpinned by sound policies in the euro area and strong, rules-based institutions. “Upholding the rule of law remains essential for maintaining, and potentially increasing, global trust in the euro,” said President Christine Lagarde.