IMF Unconcerned With Euro Weakness

MarketWatch Pulse

The International Monetary Fund is so far not concerned about the euro's weakness. In a briefing for reporters, IMF spokesman Gerry Rice said that recent moves in the European currency were "in line with fundamentals." The euro has traded near a 12-year low this week and has lost roughly 12.3% against the dollar in 2015, according to FactSet.

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