The Financial Times reported yesterday on a World Bank report that warns that a steep, continued decline in the value of the dollar will hurt developing countries, which have built up large dollar reserves. According to the Bank’s 2005 Global Development Finance Repor, developing countries hold $1.6 trillion in foreign exchange reserves, 70 precent of […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "U.S. Dollar"
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