Sunday, 19 June 2016

ECB's Visco: Central banks ready to intervene in case of Brexit

In an interview with newspapers over the weekend, ECB Governing Council member Ignazio Visco was quoted by Reuters saying, "A British vote in favour of leaving the European Union is the risk that worries us the most at the moment."

Mr. Visco added, "We are keeping an eye on this risk day by day and all central banks, not just the European Central Bank, are ready to intervene with the conventional instruments they have: interest rates, repos, swaps." 

Published at Forex News

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