0846 GMT - President Trump's protectionist and volatile trade policy is weakening confidence in the dollar as the world's primary reserve currency, France's top central banker says. "What has happened in the last days and weeks has undermined confidence in the American currency," Bank of France Governor Francois Villeroy de Galhau tells radio station France Inter. "The great constant foundation for America has for decades been its attachment to the central role played by the dollar," Villeroy says. The Trump administration has proved "incoherent" in its defence of that role. Sliding confidence in the U.S. currency could boost the international role of the euro, the governor says. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
April 10, 2025 04:46 ET (08:46 GMT)
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