Tuesday , 20 October 2020

Tag Archives: currency

Weighing the Mnuchin Factor: Dollar Might Be Heading for Devaluation

The dollar is overvalued, US Treasury Secretary nominee Steven Mnuchin said, echoing the remarks made previously by President Donald Trump, suggesting the new administration might take conscious and coherent steps to devalue the greenback in order to boost domestic production. Kristian Rouz – As the new US administration begins to take shape, it is reconsidering the nation’s approach to foreign …

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