Forex trading customers of the Bundesbank may purchase and sell euro in return for the following currencies on a spot basis.

Bundesbank President Jens Weidmann sees a need for monetary policy action stemming from the subdued medium-term inflation in the euro area. However, he also considers it crucial that the share of outstanding government bonds held by central banks does not become too large. “Otherwise, we would be running the risk of gaining a dominant market influence and smoothing out the differences in risk premia for government bonds,” Mr Weidmann said in a speech delivered virtually at the Humboldt University in Berlin.

Die Europäische Zentralbank hat heute empfohlen, dass Banken äußerste Zurückhaltung bei Dividendenzahlungen und Aktienrückkäufen walten lassen. Zu diesem Zweck hat die EZB alle Banken aufgefordert, in Erwägung zu ziehen, bis zum 30. September 2021 von Dividendenausschüttungen und Aktienrückkäufen abzusehen oder solche Ausschüttungen zu begrenzen.

Germany’s current account recorded a surplus of €22.5 billion in October 2020, down €2.7 billion from the previous month’s level.

Mounting borrowing at the European level could end up leaving national indicators such as the deficit and debt ratios less informative in the future, the Bundesbank warns in the current issue of its Monthly Report. This is why complete and transparent statistical reporting also needs to be ensured at the European level, the Bank’s experts argue.