On this occasion of the 61st anniversary, I thank you all again very sincerely for your endeavors, and I wish the best of health and happiness to you all and to those whom you hold dear. Thank you very much. BIS central bankers’ speeches  5
Another crucial question is whether the euro will continue to bear more than its share in the resorption of global imbalances. Here I refer to the continuous strengthening of the exchange rate of the euro not only vis-à-vis the US dollar but also vis-à-vis the currencies of countries recording year after year large current account surpluses.