EMU Dominates Forex '96 Congress As Central Bankers Join The Debate

FOREX '96 CONGRESS

At the heart of the business sessions during the 38th Annual Congress of the ACI: The Financial Markets Association, held in Frankfurt May 16-18, was a panel discussion by central bankers on the proposed European Monetary Union (EMU). The EMU theme dominated discussions throughout the conference and featured a speech by Bundesbank president Dr. Hans Tietmeyer.

Tietmeyer, focusing on Frankfurt as the future domicile of the European Central Bank, which will be responsible for the euro, pointed out

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