France's President Nicolas Sarkozy said Thursday that the euro is still too strong against the dollar and the exchange rate is hurting French and European exports .
"Today it's better because we are at a euro-dollar rate of 1.29 to 1.30, but it is still too much," he told workers at a plant of the plane-maker Airbus in southwestern France.
"I know perfectly well that 0.1 points more on the euro is a billion in costs for the company," he said.
For more: Euro too strong against dollar: Sarkozy - The Economic Times
No comments:
Post a Comment