France little exposed to Middle East crisis, Bank of France Chief says
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends surge on concerns surrounding Strait of Hormuz closure Gold dips, reverses course as stronger dollar weighs amid Iran conflict Gold price surge after Iran attack could fade, Pepperstone says Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip FLASH SALE (South Africa Philippines Nigeria) FLASH SALE France little exposed to Middle East crisis, Bank of France Chief says By Reuters Economy Published 03/03/2026, 03:40 AM Updated 03/03/2026, 03:42 AM France little exposed to Middle East crisis, Bank of France Chief says 0 PARIS, March 3 - French central bank governor Francois Villeroy de Galhau said on Tuesday France’s finance industry has a little exposure to the Middle East crisis. The French economy has a rather low inflation and resilient economic growth, Villeroy told reporters on Tuesday. He added it would be a mistake for the European Central Bank to make an interest rate decision based only on energy price swings. "It would be a mistake to hastily predict a possible movement in interest rates today, and I remind you that we do not make decisions solely based on instantaneous energy prices," he said.
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