In its annual report on the international role of the euro, the European Central Bank (ECB) said on Wednesday 12 June that in 2023 the euro had maintained its position as the second most important currency in the international system, after the US dollar. The international use of the euro remains stable at current exchange rates, at over 19%, according to a composite index calculated as the arithmetic average across a series of indicators on euro use.
At constant exchange rates, this...