In the 22nd edition of its annual review, published on Wednesday 21 June, the European Central Bank (ECB) stated that in 2022, in a global context marked by Russian military aggression in Ukraine and inflationary pressures, the international role of the euro had not weakened.
The report indicates that a composite index of the international role of the euro used by the ECB remained stable in 2022. Adjusted for the effects of exchange rate appreciation, the index rose by around 1.3 pp. At...