Central Banking

Bank of France aims to maintain note printing

FRANCE - The Bank of France has "the firm intention of remaining an important player on the European money printing market", according to Michel Perdrix, managing director of the note printing unit at the French central bank.

The unit is protected until the end of 2006 by a system of national quotas put in place by the European Central Bank (ECB). After this, the bank is expected to face competition.

The quota system stipulates that the bank's note printing unit at Chamalieres will this year make

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