Duisenberg to step down in July 2003

Mr Wim Duisenberg, European Central Bank President, will step down from office on 9 July 2003. The euro exchange rate stayed stable. A successor has yet to be named.

Mr Wim Duisenberg, European Central Bank President, will step down from office on 9 July 2003. The euro exchange rate stayed stable. A successor has yet to be named.