Exchange Rates: Outlook

February 2012
United States Country Monitor;Feb2012, p10
Country Report
The article offers an outlook for the exchange rates worldwide for 2012. It projects that the European Central Bank will continue to reduce the interest rate as a result of the recession in the Eurozone economy. It also expects the weakening of the euro and the gradual appreciation of the Chinese renminbi. Charts showing the exchange rate indicators and a comparison between the value of euro and the dollar are also provided.


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