Saturday, 21 December 2024
ECB is closely monitoring financial markets
5 min read
- European Central Bank is closely monitoring financial markets
- ECB continues to fulfil its responsibilities to ensure price stability and financial stability in the euro area
Following the outcome of the UK referendum, the European Central Bank (ECB) is closely monitoring financial markets and is in close contact with other central banks.
The ECB stands ready to provide additional liquidity, if needed, in euro and foreign currencies.
The ECB has prepared for this contingency in close contact with the banks that it supervises and considers that the euro area banking system is resilient in terms of capital and liquidity.
The ECB will continue to fulfil its responsibilities to ensure price stability and financial stability in the euro area.
Re-disseminated by The Asian Banker
