ECB’s Lagarde says euro’s rise also reflects economic strength

SINTRA, Portugal (Reuters) -The euro’s recent appreciation against the dollar doesn’t just reflect market conditions but also the strength of the euro zone’s economy, European Central Bank President Christine Lagarde said.

“It’s a reflection of the market conditions and assessment,” Lagarde told the ECB’s Conference on Central Banking. “It’s also a reflection of the strength of our economy.”

(Reporting By Francesco Canepa, Editing by William Maclean)