ECB Monitoring Euro But Rally Not Dramatic, Stournaras Says

The European Central Bank is keeping an eye on the euro’s recent rally but Governing Council member Yannis Stournaras sees no cause for alarm.

“We’re monitoring exchange rates and monitoring all variables that affect activity and inflation,” the Greek central-bank chief told Bloomberg Television, stressing that the strengthening since March 2025 is already a part of the ECB’s projections and that the common currency remains within a historic trading range to the dollar.