Frankfurt, 03/11/2000 (Agence Europe) - On Friday, the European Central Bank announced that it was to intervene on the exchange markets (to prop up the euro), "owing to its concern about the global and domestic repercussions of the exchange rate of the euro, including its impact on price stability". In a press release, the ECB "confirms its view that the external value of the euro does not reflect the favourable conditions of the euro area". Following confirmation of the intervention, the...