Advertisement
Singapore markets close in 5 hours 26 minutes

  • Straits Times Index

    3,278.11
    -15.02 (-0.46%)
     

  • Nikkei

    37,818.11
    -641.97 (-1.67%)
     

  • Hang Seng

    17,350.27
    +149.00 (+0.87%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Bitcoin USD

    64,386.96
    -2,199.96 (-3.30%)
     

  • CMC Crypto 200

    1,389.35
    -34.75 (-2.44%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,320.70
    -17.70 (-0.76%)
     

  • Crude Oil

    82.78
    -0.03 (-0.04%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,571.25
    -0.23 (-0.01%)
     

  • Jakarta Composite Index

    7,160.68
    -13.85 (-0.19%)
     

  • PSE Index

    6,583.04
    +10.29 (+0.16%)
     

ECB's Lagarde extends mandate of top Draghi aide

Reuters
·1-min read
FILE PHOTO: European Central Bank holds a news conference in Frankfurt

FRANKFURT (Reuters) - The European Central Bank has reappointed Roland Straub as Counsellor to ECB chief Christine Lagarde, extending the mandate of a key aide to former ECB President Mario Draghi.

Straub, who was appointed Draghi's counsellor in early 2017 and was seen as a key player in constructing many of the ECB's policy moves, will serve another three years in the role.

Lagarde, who took over the ECB on Nov. 1 has not made a change in any of the key posts atop the bank, suggesting continuity with Draghi era policies.

In her first several meetings at the bank, Lagarde also reaffirmed Draghi's controversial September policy package, heightening market expectations that policy will not change for most of this year.

(Reporting by Balazs Koranyi; Editing by Sandra Maler)