Euro's Resilience and Credibility Key to Global Standing
Investors shifted capital to gold and Chinese renminbi, reducing Euro's share.
Euro-denominated debt hit $1.1 trillion, highest since creation, driven by 50% surge in Reverse Yankee bonds.
ECB President Lagarde urged European policymakers to boost Euro's global appeal through resilience and credibility.
Lagarde warned against complacency, stressing the need for economic resilience and geopolitical credibility.
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