Dollar declines sharply, but has further to fall.
Article Abstract:
The sharp decline and the fears of continuous devaluation of the dollar at an unknown pace are discussed. The dollar slides as the private-sector foreign investment in the United States (US) treasury and agency securities dries up with the falling US interest rates, causing outflow of money from the US.
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2004
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China keeps focus on landing softly
Article Abstract:
The Chinese economy has slowed down from the growth rate of 11.3 percent to 3.8 percent between1998 and 1990. It is believed that, of the major currencies, the yen remains the most vulnerable near term to hawkish US data and potential further China uncertainty.
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2004
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Dollar continues to rally on prospect of rate rise
Article Abstract:
The currency forecast of the United States of America is given. Rising interest rates have attracted capital as the investors are taking advantage of the higher returns.
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2004
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