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japan: news and opinion

Dollar dying at the hands of a weak renminbi

WASHINGTON — Over the last several weeks, the dollar's depreciation against the euro and yen has grabbed global attention. In a normal world, the dollar's weakening would be welcome, as it would help the United States come to grips with its unsustainab... ...full story at Japan Times

from Japan Times on Wed, Nov 04 2009

see also:

07 Jun 08		Market Report - Asia Ends Higher, Despite Oil  »  YouTube videoZHANG: Asian stocks followed Wall Steet's lead and gained broadly Friday, buoyed by the dollar's continued strength against the yen. In Japan, exporters like Sony pushed the Nikkei to a five-month high as the greenback rose to 106 yen to the dollar. The...
28 Oct 09		Reports of the dollar's death are exaggerated  »  Japan Times BERKELEY, Calif. — The blogosphere is abuzz with reports of the dollar's looming demise. The greenback has fallen against the euro by nearly 15 percent since the beginning of the summer. Central banks have reportedly slowed their accumulation of dolla...
04 Jul 07		Will the dollar lose its crown to the euro?  »  Japan Times NEW YORK — Much of America's dominance in world finance comes from the dollar's status as international money. America's commitment to free capital markets, the rule of law, and price stability... Read more . . .
18 Oct 09		Mighty dollar's demise won't be quick despite depreciation woes  »  Japan Times The G20 summit in Pittsburg reaffirmed the need for a common set of policies to correct global imbalances, and the G7 finance ministers and central bank chiefs, meeting later on in Istanbul, agreed that wild fluctuations in exchange rates harm global...
29 Mar 09		Taking aim at the dollar  »  Japan Times A cornerstone of America's international economic might is the dollar's status as the international reserve currency. Simply put, the dollar is the device that parties use for international transactions — even those that do not include the United State...
23 Dec 08		Asia will rise as dollar sinks  »  Japan Times SINGAPORE — The world faces a depreciation of the dollar, a phenomenon that will result in the transfer of purchasing power from the United States to other parts of the world, specifically to Asia and to a lesser extent, Europe. An unprecedented econom...

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