欧元超过会欧元将WilltheEuroWILLTHEEURO -~;i~·--- ,<:," WilltheEuroEventuallySurpass G7Current theDollarasLeadingInternational AccountImbalances ReserveCurrency? SustainabilityandAdjustment MenzieChinnandJeffreyA.Frankel Editedby RichardH.Clarida TheUniversityofChicagoPress ChicagoandLondon('Z-G'o-"...
There has been a long-term trend toward currency diversification in global financial transactions and trade, but we don't see the U.S. dollar losing its dominance any time soon.
Reports on the rate record of the euro against the United States dollar as of September 2000. Scenario faced by the euro; Predicament for euro-zone officials; Trading price of dollar against the Japanese yen.Wall Street Journal - Eastern Edition...
Whether the euro might in the future rival or surpass the dollar as the world’s leading international reserve currency appears to depend on two things: (1) do the United Kingdom and enough other EU members join euroland so that it becomes larger than the US economy, and (2) does US ...
I wish Eichengreen were right, but I don’t think he is. Eichengreen argues that one of the main reasons for the current dominance of the dollar was simply the lack of plausible alternatives. This is changing, he suggests, because of the rise of the euro and the RMB. ...
Europe and Japan, also expressed concern about the impact of the Yuan's trend on China's economy and world trade. It can be said that the rise and fall of the renminbi triggered the global effect, no less than the impact of dollar change on the world under the quantitative easing policy...
's interest rate cut. They said, “The Fed's interest rate cut should have a greater impact on foreign exchange and the overall market.” As a result, Bank of America expects the dollar to weaken and expects EUR/USD to rise from the current 1.0942 to 1.15 before the end of the year...
few years,the RMB exchange rate against U.S.dollar continued to rise.But since this year the upward trend has been changed.At present, the RMB exchange rate valuation is reasonable, the future will continue to show a two-way fluctuation trend 在过去几年, RMB交换率反对被继续的U.S.dollar...
If anything, the euro is likely to challenge the dollar’s pre-eminence. In the interim, countries that want to limit their exposure to credit-based reserve currencies, like the dollar, might simply allow their own currencies to appreciate. ...
Wall Street is betting the US dollar will make further gains after its recent storming rally, even hitting parity with the euro, in a challenge to President-elect Donald Trump’s stated desire for a weaker currency. The dollar has soared 6.2 per cent since the start of October, its best ...