Marine Le Pen Wants to Reintroduce Franc

Providing some much needed details on her plans to redenominate the French currency, should she win the French presidential election in under two months, on Wednesday Marine le Pen told RTL radio should would introduce a new franc at a rate of one-to-one to the euro and then allow it to fluctuate, despite previously saying that any new national currency would continue to be pegged to a basket of currencies. She said the new French franc would likely fall “against whatever currency Germany uses”, making French car exports more competitive, but said it might rise against the currency in Italy, a country she said would also be better off without the euro.

http://www.zerohedge.com/news/2017-03-08/marine-le-pen-i-will-introduce-new-franc-rate-one-one-euro