Le Pen Says Her New Franc Would Fluctuate on Currency Markets
- Presidential candidate has changed views on handling euro exit
- Le Pen says weaker franc would help competiveness with Germany
Crossbridge's CIO Says Markets Underestimate Le Pen Risk
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Presidential candidate Marine Le Pen has repeatedly said the euro is bad for France but she hasn’t always been consistent about what she’d do about it.
On Wednesday, she said she’d introduce a new franc at a rate of one-to-one to the euro and then allow it to fluctuate, even though she and her aides previously said any new national currency would continue to be pegged to a basket of currencies.