ECB chief economist LANE said broader international use of the euro could help the ECB meet its inflation target by strengthening the currency area’s international monetary-policy influence and thereby affecting foreign and domestic demand to support price stability. He added that greater euro invoicing would make euro-area import prices less sensitive to external shocks; ECB officials have pushed expanding the euro’s global role to boost European autonomy amid waning US support, promote trade a

An IMF official recommended India allow the rupee to float freely.

China's National Energy Administration issued implementation opinions to advance integration of coal-fired power and renewables, requiring that integration must not reduce coal units' ability to provide system support and flexibility. Renewable capacity in integration projects must be sized to match the enhanced regulating capability delivered by coal-unit upgrades. The guidance calls for stronger coal decarbonization to materially improve decarbonization quality and efficiency, measures to boost renewable offtake and cut wind/solar curtailment, and support for diversified innovation and pilot deployments of integration technologies. Integration models should be chosen by local conditions; by the end of the 15th Five-Year Plan the NEA expects mature application of integration scenarios and significant reductions in annual carbon emissions versus pre-retrofit/pre-construction levels.