Schroeder presses European Central Bank on euro-dollar exchange rate


BERLIN (AP) - German Chancellor Gerhard Schroeder suggested in an interview published Friday that the European Central Bank should do more to weaken the euro against the U.S. dollar, a call that followed the bank's decision to leave interest rates unchanged. 

"I assume the intelligent people in the leadership of the ECB discuss the question every day of whether they have done enough in the context of the euro-dollar exchange rate to maintain the competitiveness of exports from Europe,'' Schroeder was quoted as saying in the Financial Times. 

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