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If a Currency Can Feel, The Dollar Feels Vulnerable.
- Source :
-
New York Times . 2/24/2005, Vol. 154 Issue 53135, pC8-C8. 1/5p. - Publication Year :
- 2005
-
Abstract
- Reports that the vulnerability of the dollar can be traced to a fear that the U.S. will not be able to attract the funds from abroad needed to cover its current-account deficit. Announcement of several Asian central banks that they were not selling dollars or intending to sell dollars to diversify their reserves into other currencies; Effect of the dollar sell-off on stock and bond prices and interest rates; Contribution of central banks to the flow of funds from abroad to cover the current-account deficit.
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 154
- Issue :
- 53135
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 16367508