Lagarde envisions the Euro as a reserve currency co-equal to the USD

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Turning openness into strength: the moment of the euro

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

www.ecb.europa.eu

“...In this context, the international role of the euro can no longer remain a secondary question. It is central to Europe’s ability to turn the euro from a safe-haven currency into a truly global currency....”