November 27, 2019 / 10:46 AM / 16 days ago

ECB's duty is to keep value of euro stable: Lagarde

European Central Bank (ECB) President Christine Lagarde gives a signature which will be implemented on the newly printed euro banknotes at the bank's headquarters in Frankfurt, Germany November 27, 2019. REUTERS/Ralph Orlowski

FRANKFURT (Reuters) - It is the European Central Bank’s duty to keep the value of the euro stable and make it a safe means of payment, the ECB’s new President Christine Lagarde said on Wednesday.

“So it’s now our duty to nurture and sustain this trust – by ensuring that banknotes are secure, payments systems are robust, and the value of the euro is stable,” Lagarde said before signing her first euro banknotes at an official ceremony.

Reporting By Francesco Canepa

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