ECB's Draghi: Euro exchange rate reflects European political situation

Mario Draghi, President of the ECB, is responding to questions at the ECON committee of the European Parliament, Brussels, 25 September 2017, with the key quotes found below:

• We have to be persistent with our monetary policy
• Euro exchange rate reflects European political situation
• Downward revision to inflation forecast was mainly due to lower oil prices
• Euro gain partly reflects improved confidence