September 27, 2019 / 1:28 PM / 20 days ago

ECB to start disclosing forex interventions

FILE PHOTO: Sign of the European Central Bank (ECB) is seen ahead of a news conference, outside the ECB headquarters in Frankfurt, Germany, March 7, 2019. REUTERS/Kai Pfaffenbach/File Photo

FRANKFURT (Reuters) - The European Central Bank said on Friday it would start publishing quarterly data about any intervention in the foreign exchange market, adding that the only instances to date dated back to 2000 and 2011.

“As of April 2020 the ECB will start publishing FXI (foreign exchange interventions) data,” the ECB said in a press release. “The table on the website will be updated quarterly, with a delay of one quarter, even if there has been no foreign exchange intervention during the period.”

Reporting by Francesco Canepa; Editing by Catherine Evans

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