Bloomberg Mario Draghi said joining the euro has improved the quality of institutions in eastern European members, as opposed to “more mixed” results in countries that have kept their own currencies. The ECB President, hosting a conference on central and eastern Europe in Frankfurt, said the main challenge in region is achieving more balanced gro-wth. That “will only be possible ...

Bloomberg The Swiss National Bank is again at the mercy of its bigger neighbours and will have to lean in a more dovish direction to keep its currency under control. With the franc having touched a two-year high against the euro, SNB President Thomas Jordan and fellow policy makers are feeling the pressure from risks such as trade tensions, a ...

Bloomberg Nigeria’s central bank said it’s made no change to its naira policies, after a revision on its website led some analysts to speculate that it was ending a system of multiple exchange rates. “Nothing has changed in Nigeria’s exchange-rate structure,” and the naira’s value continues to be determined by trading in the Investors’ & Exporters’ FX Window, Isaac Okorafor, ...