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Both of these institutional procedures must, however, be without prejudice to the primary objective of maintaining price stability. The ECB can also fund interventions by other means, such as foreign exchange swaps. We are always working to improve this website for our users. To do this, we use the anonymous data provided by cookies. Learn more about how we use cookies. See what has changed in our privacy policy. Search Options. Sort by Relevance Date. About The Eurosystem conducts foreign exchange operations in accordance with Articles and of the Treaty on the Functioning of the European Union.

Foreign exchange operations include: foreign exchange interventions; operations such as the sale of interest income derived from foreign reserve assets and "commercial transactions". Foreign exchange interventions Unilateral or concerted action In the absence of any formal agreements or general guidelines, the Eurosystem may decide, where necessary, to conduct foreign exchange interventions. Supervision of electronic money institutions. Register of electronic money institutions.
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