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France little exposed to Middle East crisis, Bank of France Chief says

BY Reuters | ECONOMIC | 03:38 AM EST

PARIS, March 3 (Reuters) - French central bank governor Francois Villeroy de Galhau said on Tuesday France's finance industry has a little exposure to the Middle East crisis.

The French economy has a rather low inflation and resilient economic growth, Villeroy told reporters on Tuesday.

He added it would be a mistake for the European Central Bank to make an interest rate decision based only on energy price swings.

"It would be a mistake to hastily predict a possible movement in interest rates today, and I remind you that we do not make decisions solely based on instantaneous energy prices," he said. (Reporting by Inti Landauro, Editing by Dominique Vidalon)

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