donderdag 18 december 2008

Emerge from the doldrums

The dollar is improving it’s exchange rate position after a long period of recession.
The rally of the dollar ows to the stagnating economies in the rest of the world.
Other economies are the victim of the financial troubles triggered in the US. Now, the dollar is taking advantage. The currency also gets profit of the falling oil prices and interest rates will head forward. The fear of a dollar rout, which has long stalked financial markets, now seems to have lied down.

Vincent Tavernier
http://www.economist.com/world/britain/displaystory.cfm?story_id=12719463

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